Solution-Calculate the return on assets and return on equity

Calculate the return on assets and return on equity

Reference no: EM132572959

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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Calculate the return on assets and return on equity

Reference no: EM132572959

Reference no: EM132572959

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