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Compute and Interpret ROA, Profit Margin, and Asset Turnover of Competitors Selected balance sheet and income statement information for McDonald's Corporation and Yum! Brands, Inc.,
Compute and Interpret ROA, Profit Margin, and Asset Turnover of Competitors Selected balance sheet and income statement information for McDonald's Corporation and Yum! Brands, Inc., follows (in millions). a. Compute the return on assets (ROA) for each company. Assume a tax rate of 35%. Do not round until your final answer. Round answer to one decimal place (i.e., 0.2568=25.7% ). b. Disaggregate ROA into profit margin (PM) and asset turnover (AT) for each company. Do not round until your final answers. Round PM and ROA to one decimal place (i.e., 0.2568= 25.7%) Round AT to 3 decimal places
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