We need to horizontal analysis on this company. The CapEx formula from the income statement and balance sheet is. Green as at 31 March 2015.
Return on Assets Net IncomeTotal Assets 26.
Correction of Trial Balance. For 2011 the ROA is 52. CapEx PPE current period PPE prior period Depreciation current period This formula is derived from the logic that the current period PPE on the balance sheet is equal to prior period PPE plus capital expenditures less depreciation. Return on Assets Net IncomeTotal Assets 26.