Question: Analyzing Financial Statement Data Presented below are summary financial data from the Boeing Company 2015 annual report. 2015 2014 (amounts in millions) Balance sheet Total


Analyzing Financial Statement Data Presented below are summary financial data from the Boeing Company 2015 annual report. 2015 2014 (amounts in millions) Balance sheet Total assets Shareholders' equity $97,407 $95,920 6,747 9,140 Income statement Net sales $105,002 $99,650 5,526 5,796 Net income Using the ratio definitions from Exhibit 4.6, calculate the following ratios: return on equity, return on assets (levered), return on sales (levered), asset turnover, and financial leverage. Round all answers to two decimal places. 2015 2014 20 % X 2 % x Return on equity Return on assets (levered) Return on sales (levered) 20 % x 20 % X 20 % X 20 % x Asset turnover 20 X 20 X Financial leverage 20 X 20 X
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