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The following information is available for Evergreen Inc.: • Net Income (2023): $190 million • Net Sales (2023): $2,950 million • Total Assets (12/31/2021): $1,850 million • Total Assets (12/31/2022): $2,100 million • Total Assets (12/31/2023): $2,500 million Calculate Evergreen Inc.'s ROA for 2023.

The following information is available for Evergreen Inc.: • Net Income (2023): $190 million • Net Sales (2023): $2,950 million • Total Assets (12/31/2021): $1,850 million • Total Assets (12/31/2022): $2,100 million • Total Assets (12/31/2023): $2,500 million Calculate Evergreen Inc.'s ROA for 2023.

FINANCIAL ACCOUNTING
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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The following information is available for Evergreen Inc.: • Net Income (2023): $190 million • Net Sales (2023): $2,950 million • Total Assets (12/31/2021): $1,850 million • Total Assets (12/31/2022): $2,100 million • Total Assets (12/31/2023): $2,500 million Calculate Evergreen Inc.'s ROA for 2023.
Transcribed Image Text:The following information is available for Evergreen Inc.: • Net Income (2023): $190 million • Net Sales (2023): $2,950 million • Total Assets (12/31/2021): $1,850 million • Total Assets (12/31/2022): $2,100 million • Total Assets (12/31/2023): $2,500 million Calculate Evergreen Inc.'s ROA for 2023.
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