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Compute Mcdonald asset turnover

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Question - Suppose in its 2022 annual report that Mcdonald's Corporation reports beginning total assets of $29.80 billion, ending total assets of $31.20 billion, net sales of $22.57 billion, and net income of $4.88 billion.

(a) Compute Mcdonald's return on assets.

(b) Compute Mcdonald's asset turnover.

Reference no: EM133159850

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