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.
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.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question

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

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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