Tasty Treats' ROAb. Disaggregate ROA into profit margin (PM) and asset turnover (AT) for each company.Note: Round your answers to the nearest million dollars.Vkusno & Tochka's PM $Tasty Treats PM$Vkusno & Tochka's AT STasty Treats' AT$Vkusno & Tochka's ROATasty Treats' ROANumerator ($ millions) Denominator (5 millions)0-00-0-CheckSave AnswersPM0-50-50-50-1c Discuss any differences in these ratios for each company,has the lower ROA ratio.AThas the higher PM ratio.has the higher AT ratio,0-0ResultROA**0%0% Selected 2020 balance sheet and income statement information for Vkusno & Tochka Corporation and Tasty Treats, Inc., follows.($ millions)Vkusno & TochkaTasty TreatsSales Revenue Interest Expense Net Income Average Total Assets$96,040$6,090$27,786$294,06028,2602,7155,30932,549a. Compute the return on assets (ROA) for each company. Use the 25% statutory tax rate.Note: Round your answers to the nearest million dollars.Numerator ($ millions) + Denominator ($ millions)0+ $0+$Vkusno & Tochka's ROA $Tasty Treats' ROA $Vkusno & Tochka's PM $Tasty Treats' PMVkusno & Tochka's ROATasty Treats' ROAb. Disaggregate ROA into profit margin (PM) and asset turnover (AT) for each company.• Note: Round your answers to the nearest million dollars.$Vkusno & Tochka's AT $Tasty Treats' AT$Numerator ($ millions) + Denominator ($ millions)0$050+$0+ $PMX% x% X0ATc. Discuss any differences in these ratios for each company.has the lower ROA ratio.has the higher PM ratio.has the biobor AT ratio000=00-Result0-0ResultROA96%696%0%0%

Return on assets is a ratio that tells about the profit that generated by the total assets during a…

Selected 2020 balance sheet and income statement information for Vkusno & Tochka Corporation and Tasty Treats, Inc., follows. (5 millions) Vkusno & Tochka Tasty Treats Sales Revenue Interest Expense Net Income Average Total Assets $96,040 $6,090 $27,786 $294,060 32,549 28,260 2,715 5,309 a. Compute the return on assets (ROA) for each company. Use the 25% statutory tax rate. • Note: Round your answers to the nearest million dollars. Numerator ($ millions)+ Denominator ($ millions) - 0 Vkusno & Tochka's ROA $ Tasty Treats' ROA 0-$ 0-5 0 Result b. Disaggregate ROA into profit margin (PM) and asset turnover (AT) for each company. Note: Round your answers to the nearest million dollars.

Selected 2020 balance sheet and income statement information for Vkusno & Tochka Corporation and Tasty Treats, Inc., follows. (5 millions) Vkusno & Tochka Tasty Treats Sales Revenue Interest Expense Net Income Average Total Assets $96,040 $6,090 $27,786 $294,060 32,549 28,260 2,715 5,309 a. Compute the return on assets (ROA) for each company. Use the 25% statutory tax rate. • Note: Round your answers to the nearest million dollars. Numerator ($ millions)+ Denominator ($ millions) - 0 Vkusno & Tochka's ROA $ Tasty Treats' ROA 0-$ 0-5 0 Result b. Disaggregate ROA into profit margin (PM) and asset turnover (AT) for each company. Note: Round your answers to the nearest million dollars.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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