subject
Business, 26.11.2019 06:31 olly09

Compute roa, profit margin, and asset turnover refer to the financial information for target corporation, presented below: target corporation balance sheets ($ millions) january 31, 2015 february 1, 2014 assets cash and cash equivalents $2,210 $670 inventory 8,790 8,278 other current assets 3,087 2,625 total current assets 14,087 11,573 property and equipment, net 25,958 26,412 other noncurrent assets 1,359 6,568 total assets $41,404 $44,553 liabilities and shareholders’ investment accounts payable $7,759 $7,335 accrued and other current liabilities 3,886 4,299 current portion of long-term debt and notes payable 91 1,143 total current liabilities 11,736 12,777 long-term debt 12,705 11,429 deferred income taxes 1,321 1,349 other noncurrent liabilities 1,645 2,767 total shareholders’ investment 13,997 16,231 total liabilities and shareholders’ investment $41,404 $44,553 target corporation income statement ($ millions) fiscal year ended january 31, 2015 sales revenue $72,618 cost of sales 51,278 selling, general and administrative expenses 14,676 depreciation and amortization 2,129 earnings from continuing operations before interest and income taxes 4,535 net interest expense 882 earnings from continuing operations before income taxes 3,653 provision for income taxes 1,204 net earnings from continuing operations 2,449 discontinued operations, net of tax (4,085) net earnings (loss) $(1,636) a. compute its return on assets (roa) for the fiscal year ending january 31, 2015. compute roa using net earnings (loss). assume a statutory tax rate of 35%. round your answer to one decimal place. use negative sign with answer, if appropriate. return on assets = answer % b. disaggregate roa into profit margin (pm) and asset turnover (at). round your answers to one decimal place. use negative sign with answers, if appropriate. profit margin = answer % asset turnover =

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 02:00
Greater concern for innovation and quality has shifted the job trend to using more broadly defined jobs. t/f
Answers: 1
question
Business, 22.06.2019 02:30
Consider how health insurance affects the quantity of health care services performed. suppose that the typical medical procedure has a cost of $160, yet a person with health insurance pays only $40 out of pocket. her insurance company pays the remaining $120. (the insurance company recoups the $120 through premiums, but the premium a person pays does not depend on how many procedures that person chooses to undergo.) consider the following demand curve in the market for medical care. use the black point (plus symbol) to indicate the quantity of procedures demanded if each procedure has a price of $160. then use the grey point (star symbol) to indicate the quantity of procedures demanded if each procedure has a price of $40. q d at p=$160 q d at p=$40 0 10 20 30 40 50 60 70 80 90 100 200 180 160 140 120 100 80 60 40 20 0 price of medical procedures quantity of medical procedures demand if the cost of each procedure to society is truly $160, the quantity that maximizes total surplus is procedures. economists often blame the health insurance system for excessive use of medical care. given your analysis, the use of care might be viewed as excessive because consumers get procedures whose value is than the cost of producing them.
Answers: 1
question
Business, 22.06.2019 11:10
Suppose that the firm cherryblossom has an orchard they are willing to sell today. the net annual returns to the orchard are expected to be $50,000 per year for the next 20 years. at the end of 20 years, it is expected the land will sell for $30,000. calculate the market value of the orchard if the market rate of return on comparable investments is 16%.
Answers: 1
question
Business, 22.06.2019 13:50
Suppose portugal has 700 workers and 26,000 units of capital, and france has 18,000 workers and 700 units of capital. technology is identical in both countries. assume that wine is the capital-intensive good and cloth is the labor-intensive good. which of the following statements is correct if the nations start trading with each other? a) wages will increase in portugal.b) rental rates in france will increase.c) wages in france will decrease.d) rental rates in portugal will increase.
Answers: 2
You know the right answer?
Compute roa, profit margin, and asset turnover refer to the financial information for target corpora...
Questions
question
Social Studies, 07.10.2019 16:10
Questions on the website: 13722367