Cyberdyne Systems and Virtucon are competitors focusing on the latest technologies. Selected financial data is provided below. (Round your answers to 1 decimal place. Enter your answers in millions (i.e., $10,100,000 should be entered as 10.1).) ($ in millions) Cyberdyne Virtucon Net sales $ 43,905 $ 7,084 Net income 10,537 1,488 Operating cash flows 15,465 1,600 Total assets, beginning 62,905 16,584 Total assets, ending 64,905 16,284 Required: 1. Calculate the return on assets for both companies. 2. Calculate the cash return on assets for both companies. 3. Calculate the cash flow to sales ratio and the asset turnover ratio for both companies. 4. Which company has the more favorable ratios? multiple choice Cyberdyne Systems Virtucon
Cyberdyne Systems and Virtucon are competitors focusing on the latest technologies. Selected financial data is provided below. (Round your answers to 1 decimal place. Enter your answers in millions (i.e., $10,100,000 should be entered as 10.1).) ($ in millions) Cyberdyne Virtucon Net sales $ 43,905 $ 7,084 Net income 10,537 1,488 Operating cash flows 15,465 1,600 Total assets, beginning 62,905 16,584 Total assets, ending 64,905 16,284 Required: 1. Calculate the return on assets for both companies. 2. Calculate the cash return on assets for both companies. 3. Calculate the cash flow to sales ratio and the asset turnover ratio for both companies. 4. Which company has the more favorable ratios? multiple choice Cyberdyne Systems Virtucon
Financial Accounting Intro Concepts Meth/Uses
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ISBN:9781285595047
Author:Weil
Publisher:Weil
Chapter6: Statement Of Cash Flows
Section: Chapter Questions
Problem 13Q
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Problem 11-5A Calculate and analyze ratios (LO11-6)
Cyberdyne Systems and Virtucon are competitors focusing on the latest technologies. Selected financial data is provided below. (Round your answers to 1 decimal place. Enter your answers in millions (i.e., $10,100,000 should be entered as 10.1).)
($ in millions) | Cyberdyne | Virtucon | ||||
Net sales | $ | 43,905 | $ | 7,084 | ||
Net income | 10,537 | 1,488 | ||||
Operating cash flows | 15,465 | 1,600 | ||||
Total assets, beginning | 62,905 | 16,584 | ||||
Total assets, ending | 64,905 | 16,284 | ||||
Required:
1. Calculate the return on assets for both companies.
2. Calculate the cash return on assets for both companies.
3. Calculate the cash flow to sales ratio and the asset turnover ratio for both companies.
4. Which company has the more favorable ratios?
multiple choice
-
Cyberdyne Systems
-
Virtucon
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