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8 Skipped Cyberdyne Systems and Virtucon are competitors focusing on the latest technologies. Selected financial data is provided b (Round your answers to 1 decimal
8 Skipped Cyberdyne Systems and Virtucon are competitors focusing on the latest technologies. Selected financial data is provided b (Round your answers to 1 decimal place. Enter your answers in millions (i.e., $10,100,000 should be entered as 10.1).) ($ in millions) Cyberdyne Virtucon Net sales $61,905 $13,384 Net income 14,857 Operating cash flows 18,165 3,000 Total assets, beginning 80,905 22,884 Total assets, ending 82,905 22,584 2,811 eBook Required: 1. Calculate the return on assets for both companies. ($ in millions) Return on Assets Return on Assets Cyberdyne Virtucon 2. Calculate the cash return on assets for both companies. ($ in millions) Cash Return on Assets Cash Return on Assets Cyberdyne Virtucon 3. Calculate the cash flow to sales ratio and the asset turnover ratio for both companies. ($ in millions) Cash Flow to Sales - Cash Flow to Sales Cyberdyne Virtucon Asset Turnover Asset Turnover Cyberdyne Virtucon times times 4. Which company has the more favorable ratios? Cyberdyne Systems Virtucon
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