Suppose in its 2025 annual report that McDonald's Corporation reports beginning total assets of $29.80 billion,...

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Suppose in its 2025 annual report that McDonald's Corporation reports beginning total assets of $29.80 billion, ending total assets of $32.20 billion, net sales of $21.08 billion, and net income of $4.65 billion. (a) Compute McDonald's return on assets. (Round return on assets to 2 decimal places, e.g. 5.12%.) McDonald's return on assets % (b) Compute McDonald's asset turnover. (Round asset turnover to 2 decimal places, e.g. 5.12.) McDonald's asset turnover times Suppose in its 2025 annual report that McDonald's Corporation reports beginning total assets of $29.80 billion, ending total assets of $32.20 billion, net sales of $21.08 billion, and net income of $4.65 billion. (a) Compute McDonald's return on assets. (Round return on assets to 2 decimal places, e.g. 5.12%.) McDonald's return on assets % (b) Compute McDonald's asset turnover. (Round asset turnover to 2 decimal places, e.g. 5.12.) McDonald's asset turnover times

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Answer a To compute McDonalds return on assets ROA well follow these steps Calculate ... View the full answer