Oo.83.Subject :- Account . Net salesNet incomeOperating cash flowsTotal assets, beginningTotal assets, ending$22,6516,4209,30621,76830,497Required:1. Calculate the return on assets.2. Calculate the cash return on assets.3. Calculate the cash flow to sales ratio and the asset turnover ratio.Complete this question by entering your answers in the tabs below.Required 1Required 2 Required 3Calculate the return on assets. (Round your answers to 2 decimal places. Enter your answers in millions (i.e., $10,110,000should be entered as 10.11).)($ in millions)Return on AssetsNumerator/DenominatorAmounts

Ratio analysis used identify the business performance of the company. It is used to measure…

Net sales Net income Operating cash flows Total assets, beginning Total assets, ending $22,651 6,420 9,306 21,768 30,497 Required: - Calculate the return on assets. . Calculate the cash return on assets. . Calculate the cash flow to sales ratio and the asset turnover ratio.

Net sales Net income Operating cash flows Total assets, beginning Total assets, ending $22,651 6,420 9,306 21,768 30,497 Required: - Calculate the return on assets. . Calculate the cash return on assets. . Calculate the cash flow to sales ratio and the asset turnover ratio.

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 8MCQ: Which item is added to net income when computing cash flows from operating activities? a. Gain on...

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Question

Oo.83.

Subject :- Account .

Net sales
Net income
Operating cash flows
Total assets, beginning
Total assets, ending
$22,651
6,420
9,306
21,768
30,497
Required:
1. Calculate the return on assets.
2. Calculate the cash return on assets.
3. Calculate the cash flow to sales ratio and the asset turnover ratio.
Complete this question by entering your answers in the tabs below.
Required 1
Required 2 Required 3
Calculate the return on assets. (Round your answers to 2 decimal places. Enter your answers in millions (i.e., $10,110,000
should be entered as 10.11).)
($ in millions)
Return on Assets
Numerator/Denominator
Amounts

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