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Exercise 11-14 (Algo) Calculate financial ratios (LO11-6) Zoogle has the following selected data ($ in millions): Net sales Net income $23,651 6,520 9,316 31,768 40,497
Exercise 11-14 (Algo) Calculate financial ratios (LO11-6) Zoogle has the following selected data ($ in millions): Net sales Net income $23,651 6,520 9,316 31,768 40,497 Operating cash flows Total assets, beginning Total assets, ending Required: 1. Calculate the return on assets. 2. Calculate the cash return on assets. 3. Calculate the cash flow to sales ratio and the asset turnover ratio. Exercise 11-14 (Algo) Calculate financial ratios (LO11-6) Zoogle has the following selected data (\$ in millions): Required: 1. Calculate the return on assets. 2. Calculate the cash return on assets. 3. Calculate the cash flow to sales ratio and the asset turnover ratio. Complete this question by entering your answers in the tabs below. Calculate the return on assets. (Round your answers to 2 decimal places. Enter your answers in millions (i.e.,$10,110,000 should be entered as 10.11).) Complete this question by entering your answers in the tabs below. Calculate the cash return on assets. (Round your answers to 2 decimal places. Enter your answers in millions (i.e., $10,110,000 should be entered as 10,11).) Complete this question by entering your answers in the tabs below. Caiculate the cash flow to sales ratio and the asset turnover ratio. (Round your answers to 2 decimal places. Enter your answers in miltions (i.e, $10,110,000 should be entered as 10.11).)
Exercise 11-14 (Algo) Calculate financial ratios (LO11-6) Zoogle has the following selected data ($ in millions): Net sales Net income $23,651 6,520 9,316 31,768 40,497 Operating cash flows Total assets, beginning Total assets, ending Required: 1. Calculate the return on assets. 2. Calculate the cash return on assets. 3. Calculate the cash flow to sales ratio and the asset turnover ratio.
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