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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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Aloiza [94]

Answer:

he would be part of the energy distribution process

Explanation:

As Viet drives around and checks meters to document the amount of electricity used in homes since the electricity is distributed off  a power line into the house and then within the house by the wiring to the lights and the electrical outlets for usage by the inhabitants.

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3 years ago
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Which set of changes is definitely predicted to lower real gdp in the short run?
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D. foreign real national income falls and wages rates rise. 
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3 years ago
Which choice BEST describes what might happen to unemployment rates, if minimum wage laws were repealed?
Ivenika [448]

Answer:

the short term, unemployment rates would drop drastically.

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2 years ago
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The purpose of safety stock is​ to: A. eliminate the possibility of a stockout. B. control the likelihood of a stockout due to v
NeX [460]
<h3>Hello there!</h3>

Your question asks what the purpose of a safety stock is.

<h3>Answer: B). control the likelihood of a stock out due to variable demand​ and/or lead time.</h3>

The reason why answer choice "B). control the likelihood of a stock out due to variable demand​ and/or lead time" is the correct answer because companies have safety stocks to control the chances of having a stock out.

Safety stocks are also known as a "reserve" for a company, in other words, stocks that a company doesn't touch. It's to ensure that companies don't go through a time where there's an increase in demand while there is a "delay" in production.

If a companies stock demand goes up, but then they can't "produce" the amount that is needed to meet the demand, then they will go through "stock out" and have to go through what is called "stock out costs."

Safety stocks are also known as a "rainy-day" stock, due to the fact that safety stocks are used when a company are not having a great day with the "demand" / "value" of their stocks. It's just to "ensure" / "keep the company safe" from a huge stock out.

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6 0
3 years ago
A firm decides to expand its operations and use more square footage in their main office. Currently, they rent out 3000 square f
Andrej [43]

Answer: $297,353.33

Explanation:

In calculating the Opportunity Cost of using that space with the available data, the following formula can be used (notice that APR is a yearly figure and the rent is monthly),

Opportunity cost = Rent per month *12* (1-tax rate) / APR

= $3,431.00 * 12 * ( 1 - 0.35) / 0.09

= 297353.333333

= $297,353.33

$297,353.33 is the opportunity cost of using this space.

Note the method used above is the faster method but if you want to use the other method, first you change the rent to a monthly figure. Then you divide it by the cost of capital to get the present value. Then you multiply by the After tax rate of (1 - tax rate). It's basically the same as the above though.

4 0
2 years ago
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