Accessing SEC Reports and Calculating Ratios Access the financial reports for the fiscal year ending in...

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Accessing SEC Reports and Calculating Ratios Access the financial reports for the fiscal year ending in 2018 at the SEC website (http://www.sec.gov) for Medtronic. Boston Scientific, two competitors in the medical device industry. a. Use data from the companies' balance sheets and income statements to complete the following table. Round answers to the nearest million, when applicable. $ millions Total assets, beginning of fiscal year $ Total assets, end of fiscal year Average total assets Net income (consolidated) Revenue Medtronic Boston Scientific S b. Calculate the following ratios for each company. Use rounded answers from above to compute answers. Round ROA and PM to one decimal place (ex: 9.6%). Round AT to two decimal places (ex: 0.52). Return on assets (ROA) Profit margin (PM) Asset turnover (AT) Boston Medtronic Scientific c. Which company has the better ROA? d. Which of the following is true? 01. As compared to Boston Scientific. Medtronic has a better profit margin and a weaker asset turnover. 02. As compared to Boston Scientific, Medtronic has a weaker profit margin and a weaker asset turnover. 03. As compared to Boston Scientific, Medtronic has a better profit margin and a better asset turnover. 04. As compared to Boston Scientific. Medtronic has a weaker profit margin and a better asset turnover. Accessing SEC Reports and Calculating Ratios Access the financial reports for the fiscal year ending in 2018 at the SEC website (http://www.sec.gov) for Medtronic. Boston Scientific, two competitors in the medical device industry. a. Use data from the companies' balance sheets and income statements to complete the following table. Round answers to the nearest million, when applicable. $ millions Total assets, beginning of fiscal year $ Total assets, end of fiscal year Average total assets Net income (consolidated) Revenue Medtronic Boston Scientific S b. Calculate the following ratios for each company. Use rounded answers from above to compute answers. Round ROA and PM to one decimal place (ex: 9.6%). Round AT to two decimal places (ex: 0.52). Return on assets (ROA) Profit margin (PM) Asset turnover (AT) Boston Medtronic Scientific c. Which company has the better ROA? d. Which of the following is true? 01. As compared to Boston Scientific. Medtronic has a better profit margin and a weaker asset turnover. 02. As compared to Boston Scientific, Medtronic has a weaker profit margin and a weaker asset turnover. 03. As compared to Boston Scientific, Medtronic has a better profit margin and a better asset turnover. 04. As compared to Boston Scientific. Medtronic has a weaker profit margin and a better asset turnover.