Zoogle has the following selected data ($ in millions): Net sales Net income Operating cash flows...
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Zoogle has the following selected data ($ in millions): Net sales Net income Operating cash flows Total assets, beginning Total assets, ending $24,451 6,600 9,324 39,768 48,497 Required: 1. Calculate the return on assets. 2. Calculate the cash return on assets. 3. Calculate the cash flow to sales ratio and the asset turnover ratio. Zoogle has the following selected data ($ 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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Answer rating: 100% (QA)
To calculate the requested financial ratios we will use the following formulas 1 Return on Assets RO... View the full answer
Related Book For
Financial Accounting
ISBN: 978-1259307959
4th edition
Authors: David Spiceland, Wayne Thomas, Don Herrmann
Posted Date:
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