Use the following information to calculate, to one decimal place, the return on assets (ROA) for FY21: FY21 FY20 $m $m Total assets 5,887 5,000 Finance costs 50 Таx expense 300 Profit 700

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Use the following information to calculate, to one
decimal place, the return on assets (ROA) for FY21:
FY21
FY20
$m
$m
Total assets
5,887
5,000
Finance costs
50
Тах expense
300
Profit
700
Transcribed Image Text:Use the following information to calculate, to one decimal place, the return on assets (ROA) for FY21: FY21 FY20 $m $m Total assets 5,887 5,000 Finance costs 50 Тах expense 300 Profit 700
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