Question: Problem 1 1 - 5 B ( Algo ) Calculate and analyze ratios ( LO 1 1 - 6 ) International Genetic Technologies ( InGen
Problem B Algo Calculate and analyze ratios LO
International Genetic Technologies InGen and The Resources Development Association RDA are companies involved in cuttingedge genetics research. Selected financial data for InGen and RDA are provided below:
Required:
Calculate the return on assets for both companies.
Calculate the cash return on assets for both companies.
Calculate the cash flow to sales ratio and the asset turnover ratio for both companies.
Which company has the more favorable ratios?
For all requirements, round your answers to decimal place. Enter your answers in millions ie$ should be entered as
Complete this question by entering your answers in the tabs below.
Required
Calculate the cash return on assets for both companies.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
