Which company has the higher asset turnover

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Reference no: EM131521456

Question: Dell Corporation and Apple Inc. reported the following information in their 2009 annual financial statements ($ in millions):

614_Dell.png

Required: 1. Calculate Dell's return on assets, profit margin, and asset turnover ratio for 2009.

2. Calculate Apple's return on assets, profit margin, and asset turnover ratio for 2009.

3. Which company has the higher profit margin and which company has the higher asset turnover? Is this consistent with the primary business strategies of these two companies?

Reference no: EM131521456

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