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Calculate the cash return on assets for both companies. Calculate the cash flow to sales ratio and the asset turnover ratio for both companies.International Genetic
Calculate the cash return on assets for both companies. Calculate the cash flow to sales ratio and the asset turnover ratio for both companies.International Genetic Technologies InGen and The Resources Development Association RDA are companies involved in cutting
edge genetics research. Selected financial data for InGen and RDA are provided below:
Required:
Calculate the return on assets for both companies.
Calculate the cash return on assets for both companies.
Calculate the cash flow to sales ratio and the asset turnover ratio for both companies.
Which company has the more favorable ratios?
For all requirements, round your answers to decimal place. Enter your answers in millions ie $ should be entered
as
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Calculate the return on assets for both companies.
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