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
So... hmmm if you check the first picture below, for 2)
we could use the proportions of those small, medium and large similar triangles like
now.. for 3) will be the second picture below
Answer:
=0.56184
Step-by-step explanation:
The algebraic expression would be that Quarters = 25 - W