In its 2023 Annual Report, Crestview Beverages reports the following financial data: Beginning-of-the-year total assets: $12,500 million End-of-the-year total assets: $11,800 million Total sales: $15,000 million . • Net income: $1,200 million Compute Crestview's asset turnover ratio. (Round the answer to 3 decimal places, i.e. 5.252.)
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- Please provide answer this accounting questionSuppose in its 2027 annual report that McDonald's Corporation reports beginning total assets of $20.80 billion, ending total assets of $19.20 billion, net sales of $21.80 billion, and net income of $4.10 billion. (a) Compute McDonald's return on assets. (Round return on assets to one decimal place, e.g. 5.1%.) McDonald's return on assets % (b) Compute McDonald's asset turnover. (Round asset turnover to 2 decimal places, e.g. 5.12.) McDonald's asset turnover timesSuppose in its 2022 annual report that McDonald's Corporation reports beginning total assets of $29.25 billion, ending total assets of $30.75 billion, net sales of $21.30 billion, and net income of $3.90 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 % (b) Compute McDonald's asset turnover. (Round asset turnover to 2 decimal places, e.g. 5.12.) McDonald's asset turnover times
- The 2025 Annual Report of Windsor International contains the following information: (in millions) Total assets Total liabilities Net sales Net income (a) (b) June 29, 2025 $1,399 1,106 2,961 Compute the following ratios for Windsor International for 2025: (c) 132 June 27, 2024 $1,487 1,108 2,941 140 Asset turnover ratio. (Round answer to 3 decimal places, e.g. 0.851 times.) Rate of return on assets. (Round answer to 2 decimal places, e.g. 4.87.) Profit margin on sales. (Round answer to 2 decimal places, e.g. 4.87.) times % %The following financial data is available for Summit Corp. for the year 2022: Net Income (2022): $250 million Net Sales (2022): $3,400 million Total Assets (12/31/2020): $2,200 million Total Assets (12/31/2021): $2,750 million Total Assets (12/31/2022): $3,100 million Calculate Summit Corp.'s return on assets (ROA) for 2022.During 2020, Metlock, Inc. reported net sales of $2,850,900 and net income of $1,550,000. Its balance sheet reported average total assets of $1,290,000.Calculate the asset turnover. (Round answer to 2 decimal places, e.g. 1.25.)
- Solve the following requirements for these financial accounting questiongeneral accountingDuring 2022, Concord Corporation reported net sales of $4,674,600 and net income of $1,400,000. Its balance sheet reported average total assets of $1,260,000. Calculate the asset turnover. (Round answer to 2 decimal places, e.g. 1.25.) Asset turnover
- The 2020 Annual Report of Sheffield International contains the following information. (in millions) Total assets Total liabilities Net sales Net income (a) (b) June 29, 2020 $1,505 (c) 960 2,807 133 Compute the following ratios for Sheffield International for 2020. June 27, 2019 $1,301 1,117 2,934 131 Asset turnover (Round answer to 3 decimal places, e.g. 0.851 times.) Return on assets (Round answer to 2 decimal places, e.g. 4.87%.) Profit margin on sales (Round answer to 2 decimal places, e.g. 4.87%.) times % %During 2022, Sunland Company reported net sales of $3,340,500 and net income of $1,410,000. Its balance sheet reported average total assets of $1,310,000. Calculate the asset turnover. (Round answer to 2 decimal places, e.g. 1.25.) Asset turnover $ times %24Please provide correct answer the general accounting question