Here is some financial statement data for Nestlé (in millions of Swiss francs): After reviewing the information, calculate the following ratios for Nestlé for 2021: 1) Inventory turnover 2) Profit margin 3) Return on assets 4) Free cash flow Round all answers to two decimal places. Do not include dollar signs because Nestlé's accounting information is in Swiss francs. Show the calculations for each answer.
Here is some financial statement data for Nestlé (in millions of Swiss francs): After reviewing the information, calculate the following ratios for Nestlé for 2021: 1) Inventory turnover 2) Profit margin 3) Return on assets 4) Free cash flow Round all answers to two decimal places. Do not include dollar signs because Nestlé's accounting information is in Swiss francs. Show the calculations for each answer.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Here is some financial statement data for Nestlé (in millions of Swiss francs):
After reviewing the information, calculate the following ratios for Nestlé for 2021:
1) Inventory turnover
2) Profit margin
3) Return on assets
4)
Round all answers to two decimal places. Do not include dollar signs because Nestlé's accounting information is in Swiss francs. Show the calculations for each answer.
Transcribed Image Text:2021
39,257 34,068
2020
Total current assets
Inventory 11,982
Total assets 139,142 124,028
Net sales 87,088 84,343
10,101
Cost of goods sold 45,468 42,971
Gross profit 12,159 14,233
Interest expense
Net income 17,196 12,372
753
815
Net cash provided by operating activities
Capital expenditures
16,645
4,880
17,157
4,076
7,968
5,667
7,983
3,044
Cash dividends
Investing cash flow
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