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Suppose in its 2017 annual report that McDonald's Corporation reports beginning total assets of $29.50 billion, ending total assets of $31.55 billion, net sales of
Suppose in its 2017 annual report that McDonald's Corporation reports beginning total assets of $29.50 billion, ending total assets of $31.55 billion, net sales of $22.65 billion, and net Income of $4.00 billion. Compute McDonald's return on assets. (Round return on assets to 2 decimal places, e.g. 5.12%.) Compute McDonald's asset turnover. (Round asset turnover to 2 decimal places, e.g. 5.12.)
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