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Suppose in its 2017 annual report that McDonalds Corporation reports beginning total assets of $ 29.70 billion, ending total assets of $ 31.40billion, net sales
Suppose in its 2017 annual report that McDonalds Corporation reports beginning total assets of $ 29.70 billion, ending total assets of $ 31.40billion, net sales of $ 22.95 billion, and net income of $ 4.85 billion.
(a) Compute McDonalds return on assets. (Round return on assets to 2 decimal places, e.g. 5.12%.)
(b) Compute McDonalds asset turnover. (Round asset turnover to 2 decimal places, e.g. 5.12.)
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