Service

Chat Now

Presented below are summary financial data from the Bristol-Myers Squibb annual report. Us

Presented below are summary financial data from the Bristol-Myers Squibb annual report. Us

Presented below are summary financial data from the Bristol-Myers Squibb annual report. Using the ratio definitions from Exhibit 4.6, calculate the following ratios for Year 1 and Year 2.

(amounts in millions) Year 1 Year 2
Balance sheet    
Total assets $30,435 $28,138
ShareholdersAc€?c equity 10,202 11,208
Income statement    
Net sales $19,380 $19,207
Net income 2,388 3,000


Round all answers to two decimal places.

  Year 1   Year 2  
a. Return on equity Answer % Answer %
b. Return on assets (levered) Answer % Answer %
c. Return on sales (levered) Answer % Answer %
d. Total asset turnover Answer   Answer  
e. Financial leverage Answer   Answer  
Abhinav 02-Dec-2019

Answer (UnSolved)

question Get solution