Solution-What is groupers return on assets rounded for 2017

What is groupers return on assets rounded for 2017

Reference no: EM131759667

The following information is provided for Sheridan Company and Grouper Corp.:

(in $ millions)	Sheridan Company	Grouper Corp.
Net income 2017	$120	$445
Net sales 2017	1390	4510
Total assets 12/31/15	1050	2120
Total assets 12/31/16	1070	3140
Total assets 12/31/17	1195	4090

What is Grouper's return on assets (rounded) for 2017?

10.9%

11.1%

14.2%

12.3%

Reference no: EM131759667

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What is groupers return on assets rounded for 2017

Reference no: EM131759667

Reference no: EM131759667

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Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

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