1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vinvika [58]
3 years ago
12

Kroger's 2016 financial statements show net operating profit after tax of $2,286 million, net income of $1,975 million, sales of

$115,337 million, and average net operating assets of $18,616 million. Kroger's net operating asset turnover for the year is: A. 12.3% B. 8.11 C. 6.20 D. 10.9% E. There is not enough information to calculate the ratio.
Business
1 answer:
gregori [183]3 years ago
5 0

Answer:

Correct option is C 6.20

Explanation:

Sales/ Average net operating average

= $115,337/ $18,616

=6.20

You might be interested in
The text identifies three methods for estimating the cost of common stock from retained earnings: the CAPM method, the DCF metho
wlad13 [49]

Answer:

A. True

Explanation:

This is true, the estimate we get of the cost of common stock from retained earnings is not fully accurate. So we often use all three methods and then average out to use a reasonable estimate.

6 0
3 years ago
T governance has two major components: the assignment of decision-making authority and responsibility, and the _________________
Viefleur [7K]

Answer:

d. capability maturity model

Explanation:

According to my research on IT Governance , I can say that based on the information provided within the question the second major component is the capability maturity model. This model that is used to develop and enhance a company or organization's current software development process.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0
4 years ago
When an individual consumes high protein food while drinking, the alcohol
valentina_108 [34]
When an individual consumes high protein food while drinking, the alcohol remains in the stomach longer

Hope this helps!

6 0
3 years ago
Comet Company accumulated the following account information for the year: Beginning raw materials inventory $ 5,600 Indirect mat
Nesterboy [21]
Overhead is any cost that cannot be traced back to the physical product (i.e. not direct materials and direct labor). Therefore, we cannot use the direct labor and beginning raw materials in the calculation. The total factory overhead costs are $8,600.
The calculation is as follows:
Indirect materials: $1,600
Add: Indirect labor costs $4,600
Maintenance of factory equipment: $2,400
Total factory overhead costs: $8,600

Source: Finance MBA student :)
5 0
4 years ago
Consider the role of management accounting in relation to the company for which you work (or have worked). Discuss how the princ
kotegsom [21]

Answer:

Role of management accounting :

1. provide internal information on operations

2. help in decision making

Utilization of management accounting principles

1. make or buy decisions

2. continuing or discontinuing of operations

Useful managerial Accounting Activities

1. planning

2. deciding on the alternative causes of action

Explanation:

Role of Management Accounting is to provide managers with information related to their operations.This includes the costs and revenue incurred, the deviations from the planned costs and revenue and profit targets.

This information would help to control costs and revenues or make certain decisions of continuing or discontinuing operating of a product or segment.

Thus managerial accounting activities that are useful are planning, deciding on the alternative causes of action, implementation, monitoring and control

7 0
3 years ago
Other questions:
  • Some physician practices will bill at rates from 100% of medicare to 500% of medicare. which one do you think is correct and why
    5·1 answer
  • Which of the following is an example of a variable cost?
    8·2 answers
  • One drawback of mailed marketing surveys is
    6·2 answers
  • Maxwell and Smart are forming a partnership. Maxwell is investing a building that has a market value of $180,000. However, the b
    13·1 answer
  • Bridget Creel is getting ready to open a small restaurant. She is on a tight budget and must choose between the following long-d
    13·1 answer
  • The _____ depicts the degrees and kinds of involvement a consumer brings to the purchase decision for different products. It als
    13·1 answer
  • At January 1, 2022, Blossom Company reported Retained Earnings of $413000. During 2022, Blossom had a net loss of $88500 and pai
    12·1 answer
  • Walmart and Target are the only stores in a remote town that currently stock and sell the PlayStation 5 video game console. Mana
    8·1 answer
  • When the production process is complete in process costing, the completed goods and the accumulated costs are transferred across
    13·1 answer
  • Employment law is the large body of laws, administrative rulings, and precedents that encompass all areas of the employer/employ
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!