Solution-Compute return on equity for the two recent years

Compute return on equity for the two recent years

Assignment Help Managerial Accounting

Reference no: EM133100032

Question - The following table contains financial statement information for Walmart Inc.

$ millions	Total Assets	Net Income	Sales	Equity
2018	$219,295	$6,670	$510,329	$72,496
2017	204,522	9,862	495,761	77,869
2016	198,825	13,643	481,317	77,798

Required -

a. Compute return on equity (ROE) for the two recent years.

b. Compute return on assets (ROA) for the two recent years.

c. Compute profit margin (PM) for the two recent years.

d. Compute asset turnover (AT) for the two recent years.

e. Which of the following best explains the change in ROA during 2018?

The company's profitability weakened considerably.

The company's asset productivity weakened considerably.

The company had higher sales in 2018.

The company had higher assets 2018.

Reference no: EM133100032

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Compute return on equity for the two recent years : The following table contains financial statement information for Walmart Inc. Compute return on equity (ROE) for the two recent years

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Compute return on equity for the two recent years

Reference no: EM133100032

Reference no: EM133100032

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