Question
Nintendo Company, Ltd., recently reported the following financial information (amounts in millions). Current assets $ 9,036 Total assets 11,477 Current liabilities 871 Net sales 4,464
Nintendo Company, Ltd., recently reported the following financial information (amounts in millions).
| Current assets | $ | 9,036 |
| Total assets | 11,477 | |
| Current liabilities | 871 | |
| Net sales | 4,464 | |
| Net Income | 146 | |
Compute Nintendos current ratio and profit margin. (Round your answers to 2 decimal places.)
Nintendo Company, Ltd., recently reported the following financial information (amounts in millions).
| Current assets | $ | 9,036 |
| Total assets | 11,477 | |
| Current liabilities | 871 | |
| Net sales | 4,464 | |
| Net Income | 146 | |
Compute Nintendos current ratio and profit margin. (Round your answers to 2 decimal places.)
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Financial Accounting
Authors: Anne Britton, Chris Waterston
4th Edition
0273703609, 978-0273703600
