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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.
(Do not round intermediate calculations. Round your percentage answers to 2 decimal places. i.e. 0.1234 as 12.34%.)
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