Evaluating Investment Decisions Creative Technology, Inc. reported the following information in its 2004 annual report.
|
(In millions |
Total Assets |
Long Term |
Additions |
Net Income |
Earnings |
|
2004 |
$31,471 |
$702 |
$4,032 |
$6,068 |
1.73 |
|
2003 |
28,880 |
448 |
4,501 |
6,945 |
1.93 |
|
2002 |
23,735 |
728 |
3,024 |
5,157 |
1.45 |
|
2001 |
17,504 |
400 |
3,550 |
3,566 |
1.01 |
|
2000 |
13,816 |
392 |
2,441 |
2,288 |
0.65 |
Required Using appropriate accounting ratios discussed in this chapter and any other ratios you think are helpful, evaluate the firm’s investment decisions for the period from 2000 to 2004.