Exercise 11-14A Calculate financial ratios (LO11-6)

Zoogle has the following selected data ($ in millions): (Round your answers to 2 decimal place. Enter your answers in millions (i.e., $10,110,000 should be entered as 10.11).)

Net sales	$	23,951
Net income		6,550
Operating cash flows		9,319
Total assets, beginning		34,768
Total assets, ending		43,497

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.

rev: 12_20_2014_QC_CS-1499