In its 2022 annual report, Bargersville Inc. reports the following information: Beginning Total Assets: $35.60 billion Ending Total Assets: $38.20 billion Net Sales: $25.75 billion Net Income: $5.10 billion Calculate Bargersville Inc.'s Return on Assets (ROA) and Asset Turnover.

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter3: Evaluation Of Financial Performance
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In its 2022 annual report, Bargersville Inc. reports the following information:
Beginning Total Assets: $35.60 billion
Ending Total Assets: $38.20 billion
Net Sales: $25.75 billion
Net Income: $5.10 billion
Calculate Bargersville Inc.'s Return on Assets (ROA) and Asset Turnover.
Transcribed Image Text:In its 2022 annual report, Bargersville Inc. reports the following information: Beginning Total Assets: $35.60 billion Ending Total Assets: $38.20 billion Net Sales: $25.75 billion Net Income: $5.10 billion Calculate Bargersville Inc.'s Return on Assets (ROA) and Asset Turnover.
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