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Unformatted text preview: million. Braintree’s assets total $16,392 million. Show how Braintree’s ROA can be expressed as function of profit margin and asset turnover. b. If Braintree has equity of $8,196 million, what is Braintree’s ROE? 3. Do Higgins, Chapter 2, #5. 4. Do Higgins, Chapter 2, #12, but find data as of fiscal year-end 2008 . Also, look up Delta (DAL) instead of AMR, and look up Alcoa instead of Alcan. You don’t need the Market Insight website, necessarily. You can find the information from financial statements at an Internet finance site such as Yahoo. (Note that if the balance sheet only says Property, Plant, & Equipment, you can assume that is Net PPE.) 2...
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- Winter '10
- Balance Sheet, Generally Accepted Accounting Principles, Higgins, Braintree Corporation