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Compute mcdonalds return on assets

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Question

Suppose in its 2022 annual report that McDonald's Corporation reports beginning total assets of $29.00 billion, ending total assets of $30.00 billion, net sales of $20.65 billion, and net income of $4.13 billion.

(a) Compute McDonald's return on assets.

(b) Compute McDonald's asset turnover.

Reference no: EM132408429

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