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    JennyPets's Avatar
    JennyPets Posts: 4, Reputation: 1
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    #1

    Oct 13, 2008, 04:57 PM
    How do you find the ROA?
    Given the following, how do you find the ROA?

    Profit margin 7.5%
    Sales 26,000,000
    Debt 9,500,000
    Total assets 19,000,000

    Net income 1,950,000
    yh70's Avatar
    yh70 Posts: 6, Reputation: 2
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    #2

    Oct 14, 2008, 12:59 AM
    Return on Assets (ROA) = Total assets / Net Income

    In this case, we have to calculate the Net Income first.

    NI = Sales * Profit margin
    = 26,000,000 * 0.075
    = 1,950,000

    ROA = 19,000,000 / 1,950,000
    = 9.74


    Good luck :)
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