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
UuUGgGHhH
pogonyaev

Answer:

$372.59

Explanation:

The amount deducted is 19% of $1,961

=19/100 x $1961

=0.19 x $1961

=$372.59

Amount deducted is $372.59

6 0
3 years ago
Total revenue (TR) is:
poizon [28]
I think it’s d. but im so sorry if im wrong!
3 0
2 years ago
\Currently the real interest rate is 1%. Expected inflation was initially 3% but rose to 6% as a result of the government's anno
ololo11 [35]

Answer:

Explanation:sorry dont report .y answer

7 0
2 years ago
A middle-aged widowed customer has an investment objective of stable income and would also like to receive occasional "extra" in
Illusion [34]

Answer: Participating preferred

Explanation:

Participating preferred is a stock which pays specific dividends rate to their customers and also receives additional dividends, this is made known Board of Directors and paid by the company, this meets up with the objectives a customers has for investing and having a stable income. It is so known as performance preferred and it gives the holder the benefit of collecting extra dividends.

6 0
2 years ago
Real property taxes are often assessed on the value of the property at the beginning of the year. when property is sold in the m
sergejj [24]

When property is sold in the middle of year, both the buyer and seller can deduct their pro rated portion of the property tax.

The property taxes are based on the assessed value of the property. So when the property tax is pro rated at the time of the transfer, both the buyer and seller can deduct their pro rated portion of the property tax.

Buyer and seller prorations are often applied during real estate closing transactions to divide the cost of expenses like property taxes. Thus, the buyer gets a deduction for the prorated amount of property tax due after closing, and the seller gets the same deduction for the taxes.

Hence, both the buyer and seller receives the deduction for the real property tax.

To learn more about property tax here:

brainly.com/question/15227817

#SPJ4

6 0
1 year ago
Other questions:
  • Round Hammer is comparing two different capital structures: An all-equity plan (Plan I) and a levered plan (Plan II). Under Plan
    9·1 answer
  • 1) If you are a consultant for a business looking to expand in Europe, is Greece even an option?2) Do the facts that its populat
    5·2 answers
  • Bernie's firm has set corporate direction to become one of the leaders in each of its significant market segments. It was Bernie
    12·1 answer
  • Five productive activities where division of labour is not needed​
    5·1 answer
  • Which of the following describes the results of an increase in supply on price and quintity in the market?
    9·1 answer
  • Max's Kennels spent $220,000 to refurbish its current facility. The firm borrowed 60 percent of the refurbishment cost at 5.95 p
    13·1 answer
  • A general rule in investing is to buy high, sell high<br><br> 1) true<br> 2) false
    6·1 answer
  • Bayou Financial Corporation holds a security interest in property owned by Cajun Farms. Perfection of this security interest may
    7·1 answer
  • Calculating the geometric and arithmetic average rate of​ return) Marsh Inc. had the following​ end-of-year stock prices over th
    15·1 answer
  • Xetci u popping up everywhere.
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!