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Other lesser branches of research also include oncology products such as Gemzar, and Cardiovascular agents including ReoPro.
Profitability Analysis: ROA
The return on assets increased 3.0 percentage points to 11.4% in the past fiscal year showing a positive growth due to increases in both profit margins from 13.67% to 16.47% and Asset Turnover rate of .59 to .67.
• The slight increase in Profit Margin can be attributed to the decrease in cogs/sales with a slight offset in increasing SG&A/Sales. The decrease in cogs/sales is reassuring to us because this is indicating a higher efficiency and lower cost of inventory goods...
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