Nintendo Company, Ltd., reports the following financial information as of, or for the year ended, March 31, 2008. Nintendo reports its financial statements in both Japanese yen and U.S. dollars as shown (amounts in millions).
Current assets | ¥1,646,834 | $16,468.348 |
Total assets | 1,802,490 | 18,024.903 |
Current liabilities | 567,222 | 5,672.229 |
Net sales | 1,672,423 | 16,724.230 |
Net income | 257,342 | 2,573.426 |
1. Compute Nintendo’s current ratio, net profit margin, and sales-to-total-assets using the financial information reported in (a) yen and (b) dollars.
2. What can we conclude from a review of the results for part 1?
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