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Shown are selected data from a recent annual report of CVS Health, a large drugstore chain. (Dollar amounts are in millions.) Beginning of the Year
Shown are selected data from a recent annual report of CVS Health, a large drugstore chain. (Dollar amounts are in millions.)
Beginning of the Year | End of the Year | ||||||
Total assets | $ | 94,462 | $ | 95,131 | |||
Total stockholders' equity | 36,834 | 37,695 | |||||
Operating income | 9,517 | ||||||
Net income | 6,623 | ||||||
a. Compute for the year CVS Health's return on average total assets.
b. Compute for the year CVS Healths return on average total stockholders equity.
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