Computing Return on Equity and Return on Assets The following table contains fin

Question

Computing Return on Equity and Return on Assets The following table contains financial statement information for Wal-Mart Stores, Inc. (a) Compute the return on equity (ROE) for 2012 and 2013. (Round your answers to one decimal place.) (b) Compute the return on assets (ROA) for 2012 and 2013. (Round your answers to one decimal place.)

71,247

($ millions) Total Assets Net Income Sales Equity 2013 $203,105 $16,999 $469,162 $81,738 2012 193,406 15,699 446,950 75,761 2011 180,782 16,389 421,849

71,247

Explanation / Answer

Computing Return on Equity and Return on Assets The following table contains fin

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