Nokia wwwnokiacom is a leading global manufacturer of, Accounting Basics

Nokia wwwnokiacom is a leading global manufacturer of

Question: Nokia (www.Nokia.com) is a leading global manufacturer of mobile devices and services, and it competes to some extent with both Research In Motion and Apple. Key financial ratios for the current fiscal year follow.

Required: 1. Which company is most profitable according to its return on assets?

2. Which company is most risky according to the debt ratio?

3. Which company deserves increased investment based on a joint analysis of return on assets and the debt ratio? Explain.

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Accounting Basics: Nokia wwwnokiacom is a leading global manufacturer of

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