This paper circulates around the core theme of CALCULATING ROA AND ITS COMPONENTS. Nucor, a steel manufac- turer, reported net income together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
4.10 CALCULATING ROA AND ITS COMPONENTS. Nucor, a steel manufac- turer, reported net income for… 1 answer below » 4.10 CALCULATING ROA AND ITS COMPONENTS. Nucor, a steel manufac- turer, reported net income for 2008 of $1,831 million on sales of $23,663 million. Interest expense for 2008 was $135 million, and minority interest was $314 million for 2008. The income tax rate is 35 percent. Total assets were $9,826 million at the beginning of 2008 and $13,874 million at the end of 2008. Compute the rate of ROA for 2008 and disaggregate ROA into profit margin for ROA and asset turnover components. Dec 08 2015 04:22 PM
