Compute rate of roa and disaggregate roa into profit margin

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Reference no: EM13901577

CALCULATING ROA AND ITS COMPONENTS. Nucor, a steel manufac- turer, reported net income for 2008 of $1,831 million on sales of $23,663 million. Interest expense for 2008 was $135 million, and minority interest was $314 million for 2008. The income tax rate is 35 percent. Total assets were $9,826 million at the beginning of 2008 and $13,874 million at the end of 2008. Compute the rate of ROA for 2008 and disaggregate ROA into profit margin for ROA and asset turnover components.

Reference no: EM13901577

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