Refer to the financial statements of CVS and Southwest Airlines Co. in the Supplement to Chapter 1.

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Refer to the financial statements of CVS and Southwest Airlines Co. in the Supplement to Chapter 1. Compute cash return on assets for the past two years for both companies and comment on the results. Total assets in fiscal 2002 were $9,645.3 million for CVS and $8,954 million for Southwest.

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Financial Accounting

ISBN: 9780547070025

9th Edition

Authors: Jr. Belverd E. Needles, Marian Powers

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