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Calculate the cash flow to sales ratio and the asset

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Reference no: EM13578186

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?

Reference no: EM13578186

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