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Cyberdyne Systems and Virtucon are competitors focusing on the latest technologies. Selected financial data is provided below. (Round your answers to 1 decimal place. Enter
Cyberdyne Systems and Virtucon are competitors focusing on the latest technologies. Selected financial data is provided below. (Round your answers to 1 decimal place. Enter your answers in millions (i.e., $10,100,000 should be entered as 10.1).) Virtucon $ 11, 284 ($ in millions) Net sales Net income Operating cash flows Total assets, beginning Total assets, ending Cyberdyne $ 55, 905 13,417 17, 265 74,905 76,905 2,370 2,482 20,784 20,484 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 times Virtucon times 4. Which company has the more favorable ratios? O Cyberdyne Systems O Virtucon
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