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What is martinezs return on assets

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Reference no: EM131625540

1) The following information is provided for Carla Vista Co. and Martinez Corp.:

(in $ millions) Carla Vista Co. Martinez Corp.

Net income 2017   $145   $400

Net sales 2017 1785 4570

Total assets 12/31/15 1035 2270

Total assets 12/31/16 1090 3130

Total assets 12/31/17 1155 4030

What is Martinez's return on assets (rounded) for 2017?

12.8%

9.9%

13.2%

11.2%

2) The 2017 financial statements of Blossom Company contain the following selected data (in millions).

Current assets$76Total assets175Current liabilities43Total liabilities82Cash7Interest expense5Income taxes10Net income19The debt to assets ratio (rounded) is

46.9%.

2.13%.

56.6%.

6.0 times.

Reference no: EM131625540

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