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DanielleElmas [232]
2 years ago
5

The 2016 financial statements of The New York Times Company reveal average shareholders’ equity attributable to controlling inte

rest of $837,283 thousand, net operating profit after tax of $48,032 thousand, net income attributable to The New York Times Company of $29,068 thousand, and average net operating assets of $354,414 thousand. The company's return on net operating assets (RNOA) for the year is: Select one: A. 3.5% B. 6.9% C. 13.6% D. 18.7% E. There is not enough information to calculate the ratio.
Business
1 answer:
Umnica [9.8K]2 years ago
5 0

Answer:

E. There is not enough information to calculate the ratio.

Explanation:

It's necessary the information about the other partner or what it's the total amount of shareholders’ equity to calculate the net income attributable to New York Times.

The only information available it's shareholders’ equity attributable to controlling interest which means there is other part which have the rest.

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3 years ago
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ycow [4]

Answer:

Keep the cattle and recover the contract price from Esau

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Since in the question it is given that the Double D Ranch and Esau enter into a contract on August 1 for selling of 200 cattle.

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3 years ago
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Scrat [10]

Answer:

Explanation:

Given information

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It is a cheaper method as compare to cancel the shares plus issuing them

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BARSIC [14]

Answer:

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Explanation:

Please attached sheet for computation.

Download xlsx
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