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