Question: Zoogle has the following selected data ($ in millions): Net sales Net income Operating cash flows Total assets, beginning Total assets, ending $24,451 6,600

Zoogle has the following selected data ($ in millions): Net sales Net

  

Zoogle has the following selected data ($ in millions): Net sales Net income Operating cash flows Total assets, beginning Total assets, ending $24,451 6,600 9,324 39,768 48,497 Required: 1. Calculate the return on assets. 2. Calculate the cash return on assets. 3. Calculate the cash flow to sales ratio and the asset turnover ratio.

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To calculate the requested financial ratios we will use the following formulas 1 Return on Assets RO... View full answer

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