Suppose in its 2022 annual report that McDonalds Corporation reports beginning total assets of $24 billion, ending total assets of $16 billion, net sales of $25 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

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(b) Compute McDonalds asset turnover. (Round asset turnover to 2 decimal places, e.g. 5.12.)

McDonalds asset turnover

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