Key comparative information for nokia wwwnokiacom which is


Question: Key comparative information for Nokia (www.Nokia.com), which is a leading global manufacturer of mobile devices and services, follows (in EUR).

(Euro millions)              Current Year                  1 Year Prior                2 Years 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?

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