Q1. Return on Assets(ROA) Component           2015             2014

Profitability (Net income/Sales)                       9.20%          13.30%

Productivity (Sales/Average assets)              1.41 %          1.32%

Compute the company's ROA for 2015.

Q2. Computing Return on Assets and Applying the Accounting Equation

Assume Nordstrom Inc. reports net income of $567 million for its fiscal year ended January 2016. At the beginning of that fiscal year, Nordstrom had $9,134 million in total assets. By fiscal year ended January 2016, total assets had decreased to $7,587 million.

What is Nordstrom's ROA?

Q3. Computing Return on Equity

Starbucks reports net income for 2015 of $2,558.4 million. Its stockholders' equity is $5,716 million and $6,262 million for 2014 and 2015, respectively.

a. Compute its return on equity for 2015.