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ROA = Net Income (2015) / [Assets (2014) + Assets (2015)] / 2
= 220 / (500 + 400) / 2 = 48.89%
ROE = Net Income (2015) / [Equity (2014) + Equity (2015)]/2
= 220 / (324 + 120) /2 = 99.10%
Solution
ROA = Net Income (2015) / [Assets (2014) + Assets (2015)] / 2
= 220 / (500 + 400) / 2 = 48.89%
ROE = Net Income (2015) / [Equity (2014) + Equity (2015)]/2
= 220 / (324 + 120) /2 = 99.10%

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