Calculate the return on assets and return on equity

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Question - Selected information for two companies competing in the catering industry is presented in the table below:

Account Name

Lawson

Dawson

Current assets

$110500

$167900

Non-current assets

$250000

$299000

Current Liabilities

$58600

$23500

Non-current Liabilities

$89700

$145000

Equity

$212200

$298400

Profit

$75000

$53000

Required - Calculate the following ratios for Lawson and Dawson:

i. Current ratio.

ii. Return on Assets (ROA).

iii. Return on Equity (ROE).

Reference no: EM132572959

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