Oscar Optical Corporation provides a full line of designer eyewear to consumers. Oscar reporte information for 2018 and 2017: (Click the icon to view the table.) Compute return on assets (ROA) for 2018 and 2017. Using the DuPont model, identify the comp state whether each improved or worsened from 2017 to 2018.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Data table
Sales revenue
Net income....
Average total assets
Print
$
2018
500,000 $
43,700 $
$ 230,000 $
Done
2017
410,000
34,650
210,000
X
Transcribed Image Text:Data table Sales revenue Net income.... Average total assets Print $ 2018 500,000 $ 43,700 $ $ 230,000 $ Done 2017 410,000 34,650 210,000 X
Oscar Optical Corporation provides a full line of designer eyewear to consumers. Oscar reported the following
information for 2018 and 2017:
(Click the icon to view the table.)
Compute return on assets (ROA) for 2018 and 2017. Using the DuPont model, identify the components and
state whether each improved or worsened from 2017 to 2018.
Select the formula, then enter the amounts to compute ROA using the DuPont model for 2018 and 2017.
(Round component ratios to four decimal places. Enter your final answers as a percentage rounded to the
nearest tenth of a percent, X.X%.)
2018
2017
X
X
X
||
=
=
=
Return on assets (ROA)
%
%
Transcribed Image Text:Oscar Optical Corporation provides a full line of designer eyewear to consumers. Oscar reported the following information for 2018 and 2017: (Click the icon to view the table.) Compute return on assets (ROA) for 2018 and 2017. Using the DuPont model, identify the components and state whether each improved or worsened from 2017 to 2018. Select the formula, then enter the amounts to compute ROA using the DuPont model for 2018 and 2017. (Round component ratios to four decimal places. Enter your final answers as a percentage rounded to the nearest tenth of a percent, X.X%.) 2018 2017 X X X || = = = Return on assets (ROA) % %
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