Answered: In 2009, Campbell Soup Company reported…

In 2009, Campbell Soup Company reported average total assets of $6,265 million, net sales of $7,586 million, and net income of $736 million. What was Campbell Soup's return on assets ratio?

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 51E: Juroe Company provided the following income statement for last year: Juroes balance sheet as of...

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Question

Kindly help me with general accounting question

In 2009, Campbell Soup Company reported average total
assets of $6,265 million, net sales of $7,586 million, and
net income of $736 million. What was Campbell Soup's
return on assets ratio?

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