Question

Zoogle has the following selected data ($ in millions):
Net sales .............. $24,651
Net income ............. 6,620
Operating cash flows ........ 9,326
Total assets, beginning ....... 41,768
Total assets, ending ........ 50,497

Required:
1. Calculate the return on assets.
2. Calculate the cash return on assets.
3. Calculate the cash flow to sales ratio and the asset turnover ratio. Is Zoogle’s business strategy closer to Apple’s or to Dell’s in Illustrations 11–24 and 25?



$1.99
Sales1
Views76
Comments0
  • CreatedJuly 15, 2014
  • Files Included
Post your question
5000