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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

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the economy was in long-run equilibrium when aggregate demand increased. at this point in time, the expected inflation has start
artcher [175]

The eco-nomy was in long-run equilibrium when aggre-gate demand increased. At this point in time, the expec-ted inflation has start-ed to adjust to the new high-er actual inflation rate. Accor-ding to the (Friedman) natural rate the-ory, this means the unemploy-ment rate in the economy must curr-ently be <u><em>below the natu-ral rate</em></u>.

Milton Friedman defi-ned the natural rate of unemploy-ment as the level of unemployment that result-ed from real economic forces, the long-run level of whi-ch could not be altered by monet-ary policy. Accor-ding to the general equili-brium model of economics, natural unemploy-ment is equal to the level of unemploy-ment of a labor mark-et at perfect equilibrium.

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3 0
1 year ago
In calculating earnings per share, companies deduct preferred dividends from net income if:
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IE 9-2 ... PPF Model – If this economy has encountered a Recovery from Point "R" to Point "X" (as viewed by the Keynesian Model)
DerKrebs [107]

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valentina_108 [34]

The largest owner/operator of radio stations in the United States is iHeartMedia. In 2006, this company became a privately owned company.

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