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Suppose in its 2017 annual report that McDonalds Corporation reports beginning total assets of $28.15 billion, ending total assets of $30.50 billion, net sales of
Suppose in its 2017 annual report that McDonalds Corporation reports beginning total assets of $28.15 billion, ending total assets of $30.50 billion, net sales of $22.95 billion, and net income of $4.10 billion.
(a) Compute McDonalds return on assets. (Round return on assets to 2 decimal places, e.g. 5.12%.)
McDonalds return on assets _________%
(b) Compute McDonalds asset turnover. (Round asset turnover to 2 decimal places, e.g. 5.12.) |
McDonalds asset turnover _________ times
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