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PLEASE answer all. 27 28 A company has the following selected data ($ in millions): (Round your answers to 2 decimal place. Enter your answers
PLEASE answer all.
27
28
A company has the following selected data ($ in millions): (Round your answers to 2 decimal place. Enter your answers in millions fi.e., $10,110,000 should be entered as 10.11).) 5,420 Set income Operating cash flows Total assets, beginning Total assets, ending Required: 1. Calculate the return on assets. (S in millions) Return on Assets Company 2. Calculate the cash return on assets. is in millions) Cash Return on Assets Comapny 3. Calculate the cash flow to sales ratio and the asset turnover ratio. Sin millions) Cash Flow to Sales Company (s in millions) Asset Turnover Company Laser Solutions' inventory decreases during the year by $8 million and its accounts payable to suppliers increases by $5 million during the same period. What is the amount of cash paid to suppliers of merchandise during the reporting period if its cost of goods sold is $81 million? (Input your answer as a positive value. Enter your answer in millions.) Cash paid to suppliers millionStep by Step Solution
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