In 2018 - FedEx had total assets of $53-5 bilion- an asset turnover ra.docx
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In 2018 , FedEx had total assets of $53.5 bilion, an asset turnover ratio of 1.91 times, and a net profit margin of 6.2% . a. What is FedEx's return on assets? b. Find FedE's ROE, given that 33.5% of the assets are financed with stockholders' equity. a. FedEX's retum on assets (ROA) is \%. (Round to two decimal places.) b. Given that 33.5% of the assets are financed with stockholders' equity, FedEx's return on equity (ROE) is \%. (Round to two decimal places.) .
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