As a manager of the Fortune 500 company selected in week one, you may need to evaluate the financial performance. Think about some of the influences and measures of company performance that you read about this week.
Share information about the return on assets (ROA) and price-to-earnings (PE) ratio for the Fortune 500 company studied in our class. The return on assets reflects a leaderβs ability to generate a profit from assets (Anozie, Muritala, Ininm, & Yisau, 2023). Provide the ROA and PE for 2021, 2022, and 2023. What do these metrics tell you about the financial health of the company? Which economic and market factors may have influenced financial health?