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:
4 to 1
Step-by-step explanation:
The greatest common factor between 8 and 2 is 2. So 2 will go into 8, 4 times. And 2 will go into 2, 1 time. So simplified the equivalent ratio is 4:1.
Yes. It would be a reflection over the line.