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Business, 03.07.2019 01:40 Gabr02

Suppose in its 2017 annual report that mcdonald’s corporation reports beginning total assets of $28.46 billion, ending total assets of $30.22 billion, net sales of $22.74 billion, and net income of $4.55 billion. (a) compute mcdonald’s return on assets. (round return on assets to 2 decimal places, e. g. 5.12%.) (b) compute mcdonald’s asset turnover. (round asset turnover to 2 decimal places, e. g. 5.12.)

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Suppose in its 2017 annual report that mcdonald’s corporation reports beginning total assets of $28....

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