(Answered) Exercise - calculate financial ratioszoogle has the

Accounting

Exercise - Calculate financial ratios

Zoogle has the following selected data ($ in millions):

Net sales	$23,851
Net income	6,540
Operating cash flows	9,318
Total assets, beginning	33,768
Total assets, ending	42,497

Required-

1. Calculate the return on assets.

2. Calculate the cash return on assets.

3. Calculate the cash flow to sales ratio and the asset turnover ratio.

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