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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., $10,100,000 should be entered as 10.1).) ($ in millions) Net sales Net income Operating cash flows Total assets, beginning Total assets, ending Cyber dyne $67, 905 17, 655 19, 700 86, 905 88, 905 Virtucon $15, 484 3, 252 3, 600 24, 984 24, 684 Required: 1. Calculate the return on assets for both companies. (S in millions) Return on Assets = Return on Assets Cyberdyne Virtucon 2. Calculate the cash return on assets for both companies. (S in millions) Cash Return on Assets = Cash Return on Assets Cyberdyne Virtucon 3. Calculate the cash flow to sales ratio and the asset turnover ratio for both companies. ($ in millions) Cash Flow to Sales - Cash Flow to Sales Cyberdyne Virtucon Asset Turnover = Cyberdyne Asset Turnover times times Virtucon 4. Which company has the more favorable ratios? Cyberdyne Systems Virtucon
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