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3 years ago

Syke Under Shield

Mathematics

1 answer:

Lana71 [14]3 years ago

6 0

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

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Step-by-step explanation:

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