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Calculate suncors asset turnover and return on assets

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Reference no: EM132485314

Suncor Energy Inc.reported the following information for the fiscal years ended December 31, 2017, and December 31, 2016 (in millions):

                                                       2017                     2016

Net revenues                          $32,176           $26,968

Net earnings                           4,458                445

Total assets, end of year          89,494              88,702

Total assets, beginning of year  88,702                 77,527

Question 1: Calculate Suncor's asset turnover and return on assets for the two years.

Reference no: EM132485314

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