Compute return on assets for the fiscal year

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Question 1: Compute its return on assets (ROA) for the fiscal year ending January 28, 2012. Interest income for this year was $3 million, so interest expense was $869 million. Assume a statutory tax rate of 35%. (Round your answers to one decimal place.) Return on Assets = 7.7 %

Question 2: Disaggregate ROA into profit margin (PM) and asset turnover (AT). (Round your answers to one decimal place.) Profit Margin = 5 % Asset Turnover = 1.5

Reference no: EM132643425

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