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Business, 22.11.2019 23:31 milkshakegrande101

Suppose in its 2017 annual report that mcdonald’s corporation reports beginning total assets of $23.20 billion, ending total assets of $16.80 billion, net sales of $24.20 billion, and net income of $4.25 billion. (a) compute mcdonald’s return on assets. (round return on assets to 2 decimal places, e. g. 5.12%.)
(a) compute mcdonald’s return on assets. (round return on assets to 2 decimal places, e. g. 5.12%.)
mcdonald’s return on assets
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%
(b) compute mcdonald’s asset turnover. (round asset turnover to 2 decimal places, e. g. 5.12.)
mcdonald’s asset turnover
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times

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Suppose in its 2017 annual report that mcdonald’s corporation reports beginning total assets of $23....

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