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3 years ago

Suppose the 2017 adidas financial statements contain the following selected data (in millions).

Business

1 answer:

Lera25 [3.4K]3 years ago

4 0

Answer:

(A) net working capital = 1,510

(B) current ratio = 1.49

Explanation:

working capital

current assets - current liabilities

4,570 - 3,060 = 1,510

current ratio

current assets / current liab

4570/3060 = 1.493464052

total liab/ total assets

4,544/8,320 = 54.6153%

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Which symbol on a regulatory marker is used to mark a swimming area?

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Orange crossed diamond symbol on a regulatory marker is used to mark a swimming area. This symbol also means for boats to keep out of the area leaving a part of the sea for the swimming area. This symbol also made in a white buoy with black lettered writing "SWIM AREA". This symbol is a common boat terminology which is known worldwide to increase safety for people who do activity nearby or on the sea and beach.

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2 years ago

Because different nations have vastly different numbers of people living in them, Gross Domestic Product (GDP) is a very poor wa

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I think the correct answer from the choices listed above is option A. Gross National Product or GNP is used by economists in place with GDP. Gross National Product is an expression used to measure economic growth and wealth. It includes the value of all goods and services in a given period of time.

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2 years ago

Which of the following most accurately explains why fiat money has value ?

rodikova [14]

Answer:

MRCORRECT has answered the question

Explanation:

Fiat money has value because the government declares that it has value.

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3 years ago

Turnbull Corp. is in the process of constructing a new plant at a cost of $30 million. It expects the project to generate cash f

Nataliya [291]

Answer:

The net present value of this project is $13,587,962.96

Explanation:

The Net present value (NPV) is the difference between the present value of cash inflows and the present value of cash outflows from a decision. A positive NPV indicates a profitable investment and a negative the opposite.

We can be work out the NPV of Turnbull Corp as follows

Present Value

Year 1 13000,000× *(1.2^(-1) = 10,833,333.3

Year 2 23,000,000 × 1.2^(-2) = 15,972,222.22

Year 3 29,000,000 × 1.2^( -3) = 16,782,407.41

Total PV of cash inflows 43,587,963.0

Less the PV of cash outflow (30,000,000)

Net Present Value (NPV) 13,587,962.96

The net present value of this project is $13,587,962.96

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3 years ago

Read 2 more answers

Stock Y has a beta of 1.2 and an expected return of 14.5 percent. Stock Z has a beta of .7 and an expected return of 9.3 percent

emmasim [6.3K]

Answer:

Reward to risk ratio = (Expected return - Risk free rate) / Beta

Reward to risk ratio of Y = ( 0.145 - 0.056) / 1.2

Reward to risk ratio of Y = 0.089 / 1.2

Reward to risk ratio of Y = 0.0741666

Reward to risk ratio of Y = 7.42%

Reward to risk ratio of Z = (0.093 - 0.056) / 0.7

Reward to risk ratio of Z = 0.037 / 0.7

Reward to risk ratio of Z = 0.0528571

Reward to risk ratio of Z = 5.29%

Security market line (SML) reward-to-risk ratio is the market risk premium itself which is 6.6%.

Stock Y has a reward-to-risk ratio that is higher than the market risk premium, it is currently under-valued in the market. Similarly, since stock Z has a reward-to-risk ratio that is lower than the market risk premium, it is currently over-valued in the market.

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2 years ago