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Choices for all: Hewlett-Packard and IBM are close competitors in the sale of computer products and technology consulting. Selected financial data for Hewlett-Packard and 1BM
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Hewlett-Packard and IBM are close competitors in the sale of computer products and technology consulting. Selected financial data for Hewlett-Packard and 1BM are as follows: (Enter your answers in millions rounded to 1 decimal place.) Hewlett- Packard IBM (S in millions) Net seles Net income Operating cash flows Total assets, beginning Total assets, ending S 163,245 130,916 19,590 13,539 20,281 233,400 73,452 134,278 144,433 9,795 Required: 1. Calculate the return on assets for both companies. (S in millions) Return on Assets Hewlett-Packard IBM 2. Caiculste the cash return on assets for both companies. in Cash Return on Assets Hewlett-Packard IBMStep by Step Solution
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