Cyberdyne Systems and Virtucon are competitors focusing on the latest technologies. Selected financial data is provided below. ($ in millions) Net sales Net income Operating cash flows Total assets, beginning Total assets, ending Required 1 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? Cyberdyne $43,905 10,537 15,465 62,905 64,905 Complete this question by entering your answers in the tabs below. Cyberdyne Required 2 Virtucon Virtucon $7,084 1,488 1,600 Required 3 16,584 16,284 Required 4 Calculate the cash return on assets for both companies. Note: Round your answers to 1 decimal place. Enter your answers in millions (i.e., $10,100,000 should be entered as 10.1). Numerator + Denominator ($ in millions) Cash Return on Assets Amounts www 0 Next >
Cyberdyne Systems and Virtucon are competitors focusing on the latest technologies. Selected financial data is provided below. ($ in millions) Net sales Net income Operating cash flows Total assets, beginning Total assets, ending Required 1 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? Cyberdyne $43,905 10,537 15,465 62,905 64,905 Complete this question by entering your answers in the tabs below. Cyberdyne Required 2 Virtucon Virtucon $7,084 1,488 1,600 Required 3 16,584 16,284 Required 4 Calculate the cash return on assets for both companies. Note: Round your answers to 1 decimal place. Enter your answers in millions (i.e., $10,100,000 should be entered as 10.1). Numerator + Denominator ($ in millions) Cash Return on Assets Amounts www 0 Next >
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 46E
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