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Compute mcdonalds return on assets

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Reference no: EM131988218

Problem

Suppose in its 2017 annual report that McDonald's Corporation reports beginning total assets of $28.60 billion, ending total assets of $30.60 billion, net sales of $21.85 billion, and net income of $4.10 billion.

(a) Compute McDonald's return on assets.

(b) Compute McDonald's asset turnover.

Reference no: EM131988218

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