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
RideAnS [48]
3 years ago
8

Following are financial statement numbers and ratios for CVS Health Corporation for the year ended December 31, 2016. Total reve

nue (in millions) $177,526 Total revenue growth rate 5% Net operating profit margin (NOPM) 3.6% Net operating asset turnover (NOAT) 2.91 What is the company’s forecasted net operating profit after tax (NOPAT) for 2017?
Business
1 answer:
Irina18 [472]3 years ago
4 0

$12,651 million is what I believe the answer is. I might be wrong though.

You might be interested in
The Matthews want to split their refund between savings and checking accounts. How is this accomplished, if possible?
konstantin123 [22]

Answer:

By completing form 8888 from tax application

Explanation:

When applying for tax refund, you can transfer your amount into 2 or 3 separate accounts. If you want to split your refund then you need to complete form 8888 and attach it with tax return. This form tells IRS, in which accounts and how much you want to deposit through refund.

5 0
3 years ago
(Pension Expense, Journal Entries, Amortization of Loss) Gottschalk Company sponsors a defined benefit plan for its 100 employee
Alika [10]

Answer: See attachment and explanation.

Explanation:

a. Determine the components of pension expense that the company would recognize in 2017.

Service cost = $52,000

Add: Interest on projected benefit obligation = $380,000 × 10% = $38,000

Less: Actual return on plan asset = ($11000)

Less: Unexpected loss = 200,000 × 10% - 11,000 = ($9000)

Ammortization of prior service cost = $15000

Pension expense = $85,000

b. The journal entry to record the pension expense and the company’s funding of the pension plan in 2017 has been attached.

c. The amount of the 2017 increase/decrease in gains or losses and the amount to be amortized in 2017 and 2018 has been attached.

d. The pension amounts reported in the financial statement as of December 31, 2017 will be $85,000.

7 0
3 years ago
Rick and Joe get together and start a mortgage brokerage business. They each contribute $25,000 of capital to the business. Afte
bezimeni [28]

Answer:

a.common stock.

Explanation:

The additional $10,000 of owners equity after listing on the stock market will be named as common stock. After listing company issues shares for capital investment in it. Common stock is the appropriate term used for every addition in the owners equity. So the correct option is a.common stock.

7 0
3 years ago
The Tragedy of the Commons will be evident when a growing number of sheep grazing on the town commons leads to the destruction o
alexdok [17]

Answer:

the answer is C. auction off a limited number of sheep-grazing permits.

Explanation:

7 0
3 years ago
A comprehensive evaluation of the group of businesses a company has diversified into involves: a.evaluating the attractiveness o
MariettaO [177]

Answer:

All of the options

Explanation:

A comprehensive evaluation of the group of businesses a company has diversified into involve:

Evaluating the attractiveness of industries the company has diversified into and the competitive strength  of each of its business units.

Evaluating the strategic fits and resource fits among the various sister businesses.

Ranking the performance prospects of the businesses from best to worst and determining what the  corporate parent's priorities should be in allocating resources to its various businesses.

Using the results of the prior analytical steps as a basis for crafting new strategic moves to improve the  company's overall performance.

5 0
3 years ago
Other questions:
  • Wendy is calculating her tax deductions. She finds that she can deduct $5,522 from medical expenses, $7,240 from
    9·2 answers
  • assey Corporation purchased a piece of land for $50,000. Massey paid attorney's fees of $5,000 and brokers' commissions of $4,00
    7·1 answer
  • suppose that a commercial bank wants to buy treasury bills. these instruments pay $500 in one year and are currently selling for
    10·1 answer
  • Discuss business rules. How do you translate business rules into data-model and database? Provide few examples.
    11·1 answer
  • Ana Carillo and Associates is a medium-sized company located near a large metropolitan area in the Midwest. The company manufact
    7·1 answer
  • Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant ra
    8·1 answer
  • For tax reasons, your client wishes to purchase an annuity that pays $100,000 each year for 6 years, with the first payment in o
    14·1 answer
  • What does “Barbarian” mean?
    7·2 answers
  • A particular plot of land can produce 700 kg of beef per hectare. beef sells for $4/kg. if that land is converted to producing c
    8·1 answer
  • Bond interest is deducted from:
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!