Calculate Alphabet's 2017 asset turnover and return on assets.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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EYK9-11. Working with the Takeaways The following data (in millions) are taken from Alphabet's
ALPHABET INc.
(Google) 2017 financial statements:
(in millions)
2017
2016
Net sales...
Net income.
$ 90,272
$110,855
12,662
19,478
Total assets
197,295
167,497
Calculate Alphabet's 2017 asset turnover and return on assets.
Transcribed Image Text:EYK9-11. Working with the Takeaways The following data (in millions) are taken from Alphabet's ALPHABET INc. (Google) 2017 financial statements: (in millions) 2017 2016 Net sales... Net income. $ 90,272 $110,855 12,662 19,478 Total assets 197,295 167,497 Calculate Alphabet's 2017 asset turnover and return on assets.
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