Question: 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

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?


(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

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