For its fiscal year ending on December 31, 2018, BMW AG reported net income of 6,117 million
Question:
For its fiscal year ending on December 31, 2018, BMW AG reported net income of €6,117 million from sales of €99,095 million. The company also reported total assets of €171,622 million.
a. Calculate BMW’s total asset turnover and its net profit margin.
b. Find the company’s ROA, ROE, and book value per share, given that it has a total net stockholders’ equity of €60,776 million and 664 million shares of common stock outstanding.
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Related Book For
Fundamentals Of Investing
ISBN: 9780135175217
14th Edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
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