Exercise 11-12 Calculate financial ratios [LO4] [The following information applies to the questions.
Exercise 11-12 Calculate financial ratios [LO4] [The following information applies to the questions displayed below.] Google has the following selected data ($ in millions): 2009 2008 Net sales $10,603 $ 6,145 Net income 3,083 1,460 Operating cash flows 3,574 2,451 Total assets 18,472 10,267 Exercise 11-12 Part 3 3. Calculate the cash flow to sales ratio and the asset turnover ratio. (Do not round the Average Total Assets. Round your answers to 2 decimal places.) Cash flow to sales 33.70 % Asset turnover times
what is the asset turnover? Mar 29 2022 03:09 PM
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more