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
Thepotemich [5.8K]
3 years ago
8

The fiscal 2016 financial statements for Walgreens Boots Alliance, Inc., report net sales of $117,351 million, net operating pro

fit after tax of $4,687 million, net operating assets of $39,502 million. The 2015 balance sheet reports net operating assets of $42,683 million. Walgreen's 2016 net operating asset turnover is: A. 11.5% B. 2.86 C. 13.3% D. 2.97 E. There is not enough information to calculate the ratio.
Business
2 answers:
BaLLatris [955]3 years ago
6 0

Answer:

B) 2.86

Explanation:

Net operating asset turnover = Net sales / Average NOA

= $117,351 / [($39,502 + $42,683) / 2] = 2.86

sertanlavr [38]3 years ago
3 0

Answer:

D. 2.97

Explanation:

The net operating asset turnover ratio is used to measure the efficiency of operating assets and to determine how well these assets are used to generate sales. The assets that are tested here are operating assets that are those assets which are required to run the day-to-day operations of the business. For instance, Property, plant, and equipment, inventory, and cash etc. Investments and unutilized assets do not fall under this category.

Here are are required to calculate the net operating asset turnover ratio, which is calculated as follows:

        Net operating asset turnover = Net sales / Net operating assets

⇒ Net operating asset turnover for 2016 = 117,351 m / 39,502 m = 2.97.

It means that for each dollar invested in the operating assets generates $2.97 of revenue.  

You might be interested in
The el was concerned that one possible contamination was benzene. in a well constructed paragraph, explain why benzene was not p
ycow [4]
Benzene is an important organic compound with the chemical formula C6H6 and a ring structure. Benzene was not provided as a contaminant during the general chemistry lab because, it is does not have the same chemical composition like the other two chemicals, that is, toluene and melthyl benzene. Also, due to the nature of benzene, it does not remain in the environment for a long time, thus it will be difficult to measure and isolate it. Also, benzene is a toxic compound and it poses a threat to the safety of the lab users. Benzene has been classified as a known carcinogen. 
6 0
3 years ago
Read 2 more answers
Oona wants to conduct research on personnel management, workplace environment, and what type of environment results in high leve
sesenic [268]

Oona should conduct research in the area of <u>"industrial-organizational" </u>psychology.


Industrial-organizational psychology is the branch of psychology that applies psychological speculations and standards to associations. Regularly alluded to as I-O brain research, this field centers around expanding working environment profitability and related issues, for example, the physical and mental prosperity of representatives.  

Industrial-organizational psychologists use psychological standards and research strategies to take care of issues in the work environment and enhance the personal satisfaction. They think about work environment profitability and administration and representative working styles. They figure out the morale and identity of an organization or association.

8 0
2 years ago
Read 2 more answers
Ethical dilemmas usually have clear right or wrong answers.<br><br> True<br> False
borishaifa [10]

The correct answer should be false.

8 0
3 years ago
Horton Company purchased a building on January 2 by signing a long-term $480,000 mortgage with monthly payments of $4,500. The m
Ganezh [65]

Answer:

$479,500

Explanation:

To determine the interest due for the first payment we can solve the following:

interest due on payment 1 = total debt x interest rate x 1/12 = $480,000 x 10% x 1/12 = $4,000

Now we need to subtract the interest due from the first payment:

principal paid = payment - interest due = $4,500 - $4,000 = $500

remaining principal = $480,000 - $500 =  $479,500

8 0
2 years ago
Does the film titanic improve the viewer's understanding of the historical events?
Angelina_Jolie [31]
On one hand it does, but on the other, it doesn't.
If you look at the movie from a historical perspective, we can see what people might have behaved like in the actual event when Titanic sank. The movie portrays their thoughts, emotions, and behaviors during that horrible night, so if you think about it that way, I guess we can understand the event more. On the other hand though, the movie included a love story which is not really relevant to what actually happened in history, so it doesn't really help the viewer think about history much. 
6 0
3 years ago
Read 2 more answers
Other questions:
  • Jim&amp;Jenny Inc, an investment service firm, regularly donates to nonprofit organizations for various social causes and events
    10·1 answer
  • A firm produces 400 units of output at a total cost of $1,200. If total variable costs are $1,000, Group of answer choices avera
    5·1 answer
  • Kyle, a single taxpayer, worked as a free-lance software engineer for the first three months of 2017. During that time, he earne
    12·1 answer
  • Moyas Corporation sells a single product for $20 per unit. Last year, the company's sales revenue was $300,000 and its net opera
    10·1 answer
  • f the government imposes a binding price ceiling in a market, then the producer surplus in that market will increase.
    11·1 answer
  • _____ data exist in the format in which they were collected.
    7·1 answer
  • On January 2, Dice Co. purchases a mixing machine for $25,500. The machine is expected to last four years and has a salvage valu
    12·1 answer
  • Use the following information from separate companies a through d :
    15·1 answer
  • the true statement from the list below, regarding the Contribution Format Income statement. Multiple Choice The Contribution For
    10·1 answer
  • .................. people lack enthusiasm.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!