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The following information is available from the annual reports of Oriole Company and Pharoah Company. Net Income $2,208 52,095 Total Assets (average) 48,714 Sales 1.
The following information is available from the annual reports of Oriole Company and Pharoah Company. Net Income $2,208 52,095 Total Assets (average) 48,714 Sales 1. Asset turnover ratio (Amounts in millions) 2. Oriole Return on assets Based on the preceding information, compute the following values for each company: (Round asset turnover ratio to 2 decimal places, e.g. 15.25 and return on assets to 1 decimal place, e.g. 15.2%.) Pharoah Oriole $2,921 77,763 83,168 times % Pharoah times %
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