Question: 1. Assume that you are planning a spring break trip to Europe. Identify three locations where you can find exchange rates for the dollar relative to the Euro or other currencies.
2. Nokia, Research In Motion, and Apple are competitors in the global marketplace. Following are selected data from each company.
Required: 1. Compute Nokia's return on total assets, and its components of profit margin and total asset turnover, for the most recent two years using the data provided.
2. Which of these three companies has the highest return on total assets? Highest profit margin? Highest total asset turnover? Interpret these results.