Key comparative information for Nokia (www Nokia com), which is a leading global manufacturer of mobile devices and services, follows (in EUR) Required 1 Compute the recent two years cash flow on total assets ratio for Nokia 2 How does Nokias ratio compare to Research In Motions and Apples ratios f...

1 NOKIAs cash flow on total assets ratio EURm follows Current Year Operating cash f ...

Key comparative information for Nokia (www.Nokia.com), which is a leading global manufacturer of mobile devices and services,

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Key comparative information for Nokia (www.Nokia.com), which is a leading global manufacturer of mobile devices and services, follows (in EUR).

(Euro millions) Current Year I Year Prior 2 Years Prior Operating cash flows Total assets 3,247 35,738 3,197 39,582 7,88

Required

1. Compute the recent two years’ cash flow on total assets ratio for Nokia.

2. How does Nokia’s ratio compare to Research In Motion’s and Apple’s ratios from BTN 16-2?

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Fundamental Accounting Principles

ISBN: 978-0078110870

20th Edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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Question Posted: Dec 26, 2012 11:50 PM

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Key comparative information for Nokia (www.Nokia.com), which is a leading global manufacturer of mobile devices and services,

Question:

(Euro millions) Current Year I Year Prior 2 Years Prior Operating cash flows Total assets 3,247 35,738 3,197 39,582 7,882 37,599

Step by Step Answer:

1 NOKIAs cash flow on total assets ratio EURm follows Current Year Operating cash f...View the full answer

Fundamental Accounting Principles

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