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Suppose in its 2022 annual report that McDonalds Corporation reports beginning total assets of $21 billion, ending total assets of $19 billion, net sales of
Suppose in its 2022 annual report that McDonalds Corporation reports beginning total assets of $21 billion, ending total assets of $19 billion, net sales of $22 billion, and net income of $4 billion. (a) Compute McDonalds return on assets. (Round return on assets to 2 decimal places, e.g. 5.12%.)
McDonalds return on assets | enter McDonalds return on assets in percentages % |
(b) Compute McDonalds asset turnover. (Round asset turnover to 2 decimal places, e.g. 5.12.)
McDonalds asset turnover | enter McDonalds asset turnover in times times |
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