In 2015, Shaw Communications Inc. reported net sales of $5,488 million, net income of $880 million, and

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In 2015, Shaw Communications Inc. reported net sales of $5,488 million, net income of $880 million, and average total assets of $13,907 million. In 2014, its net sales were $5,421 million, net income was $887 million, and average total assets were $12,991 million. Did the company's return on assets and asset turnover ratios improve or deteriorate in 2015?
Asset Turnover
Asset turnover is sales divided by total assets. Important for comparison over time and to other companies of the same industry. This is a standard business ratio.
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Financial Accounting Tools for Business Decision Making

ISBN: 978-1119368458

7th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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