Answer:
For Skye - 15.85%
For under shield - 5%
Skye is using its asset more efficiently because its ROA is higher
Step-by-step explanation:
Return on total assets = Net income / Average total assets
For Skye
$3192 / [(18,764 + 21,512)/2] = 0.1585 = 15.85%
For under shield
$ 649 / [(10,252 + 15,659)/ 2] = 0.05 = 5%
Skye is using its asset more efficiently because its ROA is higher
Answer:
3x+4y-12=0
y intercept = -constant term/coefficient. of y
= 12/4
=3
