Cyberdyne Systems and Virtucon are competitors focusing on the latest technologies. Selected financial data provided below. ($ in millions) Net sales Net Income Operating cash flows Total assets, beginning Total assets, ending Cyberdyne $47,905 12,455 16,065 66,905 68,905 Virtucon $8,484 1,782 1,900 17,984 17,684 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? (For all requirements, round your answers to 1 decimal place. Enter your answers in millions (l.e.. $10,100,000 should be entered as 10.1).)

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
icon
Related questions
Question

Please do not give solution in image format thanku

Cyberdyne Systems and Virtucon are competitors focusing on the latest technologies. Selected financial data I
provided below.
($ in millions)
Net sales
Net income
Operating cash flows
Total assets, beginning.
Total assets, ending
Cyberdyne
$47,985
12,455
16,065
66,985
68,985
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?
(For all requirements, round your answers to 1 decimal place. Enter your answers in millions (Le..
$10,100,000 should be entered as 10.1).)
Complete this question by entering your answers in the tabs below.
Cyberdyne
Required 1 Required 2 Required 3
Calculate the return on assets for both companies.
($ in millions)
Return on Assets
Virtucon
Virtucon
$8,484
1,782
1,900
17,984
17,684
Required 4
Numerator/Denominator
Amounts
0
Transcribed Image Text:Cyberdyne Systems and Virtucon are competitors focusing on the latest technologies. Selected financial data I provided below. ($ in millions) Net sales Net income Operating cash flows Total assets, beginning. Total assets, ending Cyberdyne $47,985 12,455 16,065 66,985 68,985 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? (For all requirements, round your answers to 1 decimal place. Enter your answers in millions (Le.. $10,100,000 should be entered as 10.1).) Complete this question by entering your answers in the tabs below. Cyberdyne Required 1 Required 2 Required 3 Calculate the return on assets for both companies. ($ in millions) Return on Assets Virtucon Virtucon $8,484 1,782 1,900 17,984 17,684 Required 4 Numerator/Denominator Amounts 0
Cytandtucon the competans focusing on the set technologies.
vided b
1 on ass for both conne
CH
2
on t
which company has the ma
to saler
for round your answers to 1 decimal place. Enter your answers in
$10,000000
Complete this question by entering your awers in the tab
Catherfor
Cyttyne
Calculate the cash flow to sales radio and the asset tumover ratio for both companies.
(Simon)
Cash Flow to Sales
Vituon
www.
esetturmover o for both companies
Cyberdyne
Vuon
NumeratorCenominator
Asset Turnover
NumeratorCenominator
Amount
Amounts
0
Transcribed Image Text:Cytandtucon the competans focusing on the set technologies. vided b 1 on ass for both conne CH 2 on t which company has the ma to saler for round your answers to 1 decimal place. Enter your answers in $10,000000 Complete this question by entering your awers in the tab Catherfor Cyttyne Calculate the cash flow to sales radio and the asset tumover ratio for both companies. (Simon) Cash Flow to Sales Vituon www. esetturmover o for both companies Cyberdyne Vuon NumeratorCenominator Asset Turnover NumeratorCenominator Amount Amounts 0
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Cash Flow Statement Analysis
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
Accounting
ISBN:
9781337690881
Author:
Jay Rich, Jeff Jones
Publisher:
Cengage Learning
Managerial Accounting
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Financial And Managerial Accounting
Financial And Managerial Accounting
Accounting
ISBN:
9781337902663
Author:
WARREN, Carl S.
Publisher:
Cengage Learning,