Nintendo Company, Ltd., reports the following financial information as of, or for the year ended, March 31,

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Nintendo Company, Ltd., reports the following financial information as of, or for the year ended, March 31, 2011. Nintendo reports its financial statements in both Japanese yen and U. S. dollars as shown (amounts in millions).

Nintendo Company, Ltd., reports the following financial information as of,

1. Compute Nintendo€™s current ratio, net profit margin, and sales- to- total- assets using the financial information reported in
(a) Yen
(b) Dollars. Round amounts to two decimals.
2. What can we conclude from a review of the results for part1?

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Fundamental accounting principle

ISBN: 978-0078025587

21st edition

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

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