Balance Sheet for year-ended Dec 31 ($000's)

-Blockbuster Inc.
Income Statement for year-ended Dec 31 ($000's)

Referring to the Blockbuster financial statements,what is the change in ROA from Year 1 to Year 2?
A) -8.40%
B) -7.54%
C) -2.18%
D) 8.40%
E) 23.72%

Question

Balance Sheet for year-ended Dec 31 ($000's)
 
-Blockbuster Inc.
Income Statement for year-ended Dec 31 ($000's)

Referring to the Blockbuster financial statements,what is the change in ROA from Year 1 to Year 2? 
A) -8.40% 
B) -7.54% 
C) -2.18% 
D) 8.40% 
E) 23.72%

Quizplus · Accepted Answer

ROA = 11ea7fdb_fc31_5c81_a768_91e5c9b62259_TB2902_11 ROA Year 1 = 11ea7fdb_fc31_5c82_a768_d912f44aac53_TB2902_11 = -0.92%
ROA Year 2 = 11ea7fdb_fc31_5c83_a768_2bdb2d23c976_TB2902_11 = -3.10%
Change = -3.10% - -0.92% = -2.18%

Balance Sheet for Year-Ended Dec 31 ($000's)