Analyze the influence of return on sales and asset turnover on the return on assets (ROA). Use absolute differences method. Year 200A Year 200B Sales, S'000 Profit, S'000 Assets, $'000 45612 46418 12116 12813 32745 33186

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
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Analyze the influence of return on sales and asset turnover on the return on assets (ROA). Use absolute differences
method.
Year 200A
Year 200B
Sales, S'000
Profit, S'000
45612
46418
12116
12813
Assets, $'000
32745
33186
Transcribed Image Text:Analyze the influence of return on sales and asset turnover on the return on assets (ROA). Use absolute differences method. Year 200A Year 200B Sales, S'000 Profit, S'000 45612 46418 12116 12813 Assets, $'000 32745 33186
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