Question: Computing and Interpreting Return on Assets and Its Components McDonald's Corporation (MCD) reported the following balance sheet and income statement data for 2016 through 2018

 Computing and Interpreting Return on Assets and Its Components McDonald's Corporation

Computing and Interpreting Return on Assets and Its Components McDonald's Corporation (MCD) reported the following balance sheet and income statement data for 2016 through 2018 S millions Total Assets Net Income Sales 2018 $32.811.2 $5,9243 $21,0252 2017 33,803.7 5.1923 22,820.4 2016 31,023.9 a. What is McDonald's return on assets for 2018 and 2017 Round answers to one decimal place (exc 0.2345=23,5%). 2018 2017 17.79% 80.1 % X b. Determine the profit margin for 2018 and 2017 Round answers to one decimal place (ex: 0.2345 = 23.5%), 2018 2017 28,18% 80.1% Calculate the asset turnover for 2018 and 2017 Round answers to two decimal places. 2017 2018 0.63 0.7

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