Calculate the financial information reported in dollars


Nintendo Company, Ltd., reports the following financial information as of, or for the year ended, March 31, 2008. Nintendo reports its financial statements in both Japanese yen and U.S. dollars as shown (amounts in millions). Current assets ¥ 1,646,834 $ 16,468.348 Total assets 1,802,490 18,024.903 Current liabilities 567,222 5,672.229 Net sales 1,672,423 16,724.230 Net income 257,342 2,573.426 1

(a) Compute Nintendo's current ratio, net profit margin, and sales-to-total-assets using the financial information reported in yen. Current ratio Net profit margin % Sales-to-assets

(b) Compute Nintendo's current ratio, net profit margin, and sales-to-total-assets using the financial information reported in dollars. Current ratio Net profit margin % Sales-to-assets

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Accounting Basics: Calculate the financial information reported in dollars
Reference No:- TGS0718273

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