(Solution) - Rogers Communications is a major telecommunications company in Canada Rogers -(2025 Original AI-Free Solution)

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Rogers Communications is a major telecommunications company in Canada. Rogers? balance sheet disclosed the following information:

Rogers? total assets for 2008 were $17,082 million. The return on assets ratio for the telecommunications industry averages ?1.867%.
a. Determine Rogers? return on assets ratio for 2010 and 2009. Round to two decimal places.
b. Has Rogers? return on assets ratio improved since 2009? Is it using its assets more or less efficiently than other telecommunications companies?