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Suppose in its 2017 annual report that McDonald’s Corporation reports beginning total assets of $29.45 billion,...

Suppose in its 2017 annual report that McDonald’s Corporation reports beginning total assets of $29.45 billion, ending total assets of $31.50 billion, net sales of $21.80 billion, and net income of $4.85 billion.

(a) Compute McDonald’s return on assets. (Round return on assets to 2 decimal places, e.g. 5.12%.)

McDonald’s return on assets Enter McDonald’s return on assets in percentages rounded to 2 decimal places %


(b) Compute McDonald’s asset turnover. (Round asset turnover to 2 decimal places, e.g. 5.12.)

McDonald’s asset turnover Enter McDonald's asset turnover rounded to 2 decimal places
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