CPA Bar Quiz
20 questions · no time limit
0:00
BUSINESS ANALYSIS
Question 1 of 20
No time limit
Current
Answered
Flagged
Not seen
A public consumer products company reports declining net profits over the last year and is reviewing returns. Selected year-end data (in millions): Net income 36; Average total assets 600; Average shareholders' equity 240. The company's return on assets (ROA) is 36/600 = 6.0% versus an industry benchmark of 8.5\%. What insight does the ROA provide regarding the company's profitability?
YOUR PROGRESS
20
QUESTIONS
Ready when you are
Answer in any order. Your progress shows here as you go.
QUESTIONS
KEYBOARD
Pick an answer ABCD
Next question ↵→
Previous ←
Flag for review F
Answers save as you go · flagged questions come back at the end