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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) | Cyberdyne | Virtucon | ||||
Net sales | $ | 69,905 | $ | 16,184 | ||
Net income | 18,175 | 3,399 | ||||
Operating cash flows | 20,000 | 3,725 | ||||
Total assets, beginning | 88,905 | 25,684 | ||||
Total assets, ending | 90,905 | 25,384 | ||||
Required:
1. Calculate the return on assets for both companies.
($ in millions) Return on Assets Return on Assets Cyberdyne Virtucon 0 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 Cyberdyne Virtucon Asset Turnover times timesStep by Step Solution
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