Solution-What factor is mainly responsible for the change

What factor is mainly responsible for the change

Assignment Help Managerial Accounting

Reference no: EM132889210

Question - Computing and Interpreting Return on Assets and Its Components McDonald's Corporation (MCD) reported the following balance sheet and income statement data for 2016 through 2018.

	Total Assets	Net Income	Sales
2018	$32,811.2	5,924.3	21,025.2
2017	33,803.7	5,192.3	22,820.4
2016	31,023.9	-	-

Required -

a. What is McDonald's return on assets for 2018 and 2017?

b. Determine the profit margin for 2018 and 2017.

c. Calculate the asset turnover for 2018 and 2017.

d. What factor is mainly responsible for the change in McDonald's ROA over this period? Is it profit margin or asset turnover or both?

Reference no: EM132889210

Questions Cloud

Performance appraisal and performance management : How can the employee hold the employer accountable for administering this process? How does HR support this process?

Job identifying the best staffing model : Regarding staffing vaccine clinics that administer thousands of vaccines a day being a tricky undertaking:

Advise Cas of the tax treatment of the non-monetary benefits : Advise Cas of the tax treatment of the non-monetary benefits she received at the end of July 2018, and the car - Advise Cas about the accessibility in Australia

Definition of fair compensation : Does your organization have expatriates? If so, how does the organization handle the transitions to and from foreign assignments?

What factor is mainly responsible for the change : What factor is mainly responsible for the change in McDonald's ROA over this period? Is it profit margin or asset turnover or both

How should amrit deal with the fact that maria feels badly : Six months ago, when Amrit and Maria formally discussed her performance, Amrit noted that she was late with 10 percent of her weekly reports and had an error ra

Strategic planning process led mars dog food management : 1. Strategic planning at all levels of the organization can be divided into four steps. Which step in the strategic planning process led Mars Dog Food's managem

Evaluate the roles and competencies an hr manager : Evaluate the roles and competencies an HR manager manager must provide within an organization.

Evaluate the south african government initiatives : Evaluate the South African government's initiatives to raise the skills profile in the labour market.

User Account

All Pages

What factor is mainly responsible for the change

Reference no: EM132889210

Reference no: EM132889210

Questions Cloud

Reviews

Write a Review

Managerial Accounting Questions & Answers

Manage budgets and financial plans

Prepare a retained earnings statement

Prepare a master budget for the three-month period

Construct the companys direct labor budget

Evaluate the predetermined overhead rate

Determine the company''s bid

Compute the pool rates for the different activities

Prepare Company financial statements

Prepare an analysis of terracycles

Discuss the ethical issues

Political resources in emerging markets

Management accounting - ehsan electronics company

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT