Question: Zoogle has the following selected data ($ in millions): (Round your answers to 2 decimal place. Enter your answers in millions (i.e., $10,110,000 should be
Zoogle has the following selected data ($ in millions): (Round your answers to 2 decimal place. Enter your answers in millions (i.e., $10,110,000 should be entered as 10.11).)
| Net sales | $ | 23,151 | |
| Net income | 6,470 | ||
| Operating cash flows | 9,311 | ||
| Total assets, beginning | 26,768 | ||
| Total assets, ending | 35,497 | ||
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.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
