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A global provider of crop inputs and services headquartered in Saskatoon, reports the following in its 2019 financial statements (in millions of US$): Sales can be used in place of Net sales and Net earnings can be used in place

A global provider of crop inputs and services headquartered in Saskatoon, reports the following in its 2019 financial statements (in millions of US$):


“Sales” can be used in place of “Net sales” and “Net earnings” can be used in place of “Profit” in your ratio calculations. 

Calculate Nutrien’s return on assets and asset turnover for 2019.  

Transcribed Image Text:

Sales Net earnings Total assets 2019 $20,023 992 46,799 2018 $19,636 3,573 45,502

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Related Book For  answer-question
Accounting Principles Volume 2

Accounting Principles Volume 2

ISBN: 9781119786634

9th Canadian Edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

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Question Details
Chapter # 1- Accounting in Action
Section: Brief Exercises
Problem: 21
Posted Date: January 19, 2023 06:06:49
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