Nordstrom inc reports net income of 600 million for its


Computing Return on Assets and Applying the Accounting Equation

Nordstrom Inc. reports net income of $600 million for its fiscal year ended January 2016. At the beginning of that fiscal year, Nordstrom had $9,245 million in total assets. By fiscal year ended January 2016, total assets had decreased to $7,698 million.

What is Nordstrom's ROA?

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Accounting Basics: Nordstrom inc reports net income of 600 million for its
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