Key comparative information for Nokia, which is a leading global manufacturer of mobile devices and services, follows (in EUR).
|
(Euro millions) |
Current Year |
1 Year Prior |
2 Year Prior |
|
Operating cash flows |
3,247 |
3,197 |
7,882 |
|
Total assets |
35,738 |
39,582 |
37,599 |
Required
1. Compute the recent two years’ cash flow on total assets ratio for Nokia.
2. How does Nokia’s ratio compare to Research In Motion’s and Apple’s ratios from BTN 16 2?