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What is roa

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Reference no: EM133254225

Griffey Junior Wear has $800,000 in assets and $200,000 of total debt. It reports net income of $100,000.

  • What is its ROA (return on assets)? (Do not round intermediate calculations. Round the final answer to 1 decimal place.)
  • What is the return on shareholders' equity? (Do not round intermediate calculations. Round the final answer to 2 decimal places.)
  • If the firm has an asset turnover ratio of 2.75 times, what is the profit margin? (Round the final answer to 2 decimal places.)

Reference no: EM133254225

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