An analyst gathers the following financial information (in € millions) about a company:
- EBIT: 150
- Earnings before taxes: 130
- Net income: 110
- Total average assets: 1,000
Based on the provided data, the Return on Assets (ROA) is closest to: | Chartered Financial Analyst Level 1 Quiz - LeetQuiz
Chartered Financial Analyst Level 1
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An analyst gathers the following financial information (in € millions) about a company:
EBIT: 150
Earnings before taxes: 130
Net income: 110
Total average assets: 1,000
Based on the provided data, the Return on Assets (ROA) is closest to: