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
solniwko [45]
3 years ago
15

Suppose the 2020 adidas financial statements contain the following selected data (in millions). Current assets $4,575 Interest e

xpense $200 Total assets 9,000 Income taxes 178 Current liabilities 3,050 Net income 236 Total liabilities 5,670 Cash 800 Compute the following values. (a) Working capital. $ millions (b) Current ratio. (Round to 2 decimal places, e.g. 6.25:1.) :1 (c) Debt to assets ratio. (Round to 0 decimal places, e.g. 62%.) % (d) Times interest earned.
Business
1 answer:
Goryan [66]3 years ago
4 0

Answer:

a. $1,525 million

b. 1.50 times

c. 29 %

Explanation:

Working capital = Current Assets - Current Liabilities

                          = $4,575 million - $3,050 million

                          = $1,525 million

Current Ratio = Current Assets ÷ Current Liabilities

                       = $4,575 million ÷ $3,050 million

                       = 1.50 times

Debt to Asset ratio = Interest bearing  Debt / Total Assets × 100

                               = ($ 5,670 - $3,050) / $9,000 × 100

                               = 29 %

You might be interested in
Lawrence Wright is slow in math. He has before him the equation of (ending value minus beginning value) and income return totall
Aleks [24]

The equation of (ending value minus beginning value) and income return totalled, then divided by beginning value is used to find "rate of return".

<h3>What is income returns?</h3>

The portion of a fund's total returns that came through income distributions is known as the income return. For bond funds, income return will frequently be larger than capital return, while for stock funds, it will typically be lower. The fund's total return is calculated by adding the income return and the capital return together.

Rate of Return- The net gain or loss of an investment over a given time period, stated as a percentage of the investment's starting cost, is known as a rate of return (RoR).

Some key features of rate of return are-

  • ROI is computed by first dividing the net return by the investment's cost, then multiplying the result by 100. This new number, which represents the net return, is then obtained by subtracting the investment's original value from its final value.
  • According to conventional thinking, a fair return on an investment in stocks is one that is at least 7 percent annually. Additionally, this relates to the S&P 500's average annual return when inflation is taken into account.

To know more about internal rate of return, here

brainly.com/question/24301559

#SPJ4

7 0
2 years ago
DUE TODAY PLEASE HELP T^T
jonny [76]

Answer:

i think its true

Explanation:

5 0
3 years ago
Read 2 more answers
Bates Company plans to add a new item to its line of consumer product offerings. Two possible products are under consideration.
ivolga24 [154]

Answer:

differential revenue = $7

so correct option is a.$7

Explanation:

given data

Product A costs = $6

contribution margin = $3

Product B costs = $12

contribution margin = $4

to find out

the differential revenue for this decision

solution

we get here the differential revenue for this decision that is express

so first we get here selling price for both product that is

selling price product A = Product A costs + contribution margin

selling price product A  = $6 + $3 = $9

and

selling price product B   = $12 + $4 = $16

so now we get differential revenue that is

differential revenue = selling price product B - selling price product A

differential revenue = $16 - $9

differential revenue = $7

so correct option is a.$7

4 0
3 years ago
Which is more important integrity or trustworthiness
jarptica [38.1K]
Integrity is more important as this identifies an individuals qualities and principles of being honest, fairness and having strong morals to carry out a task ethically
With integrity comes trustworthiness of an individual as they will always do the right thing if they have integrity as a principle in life
4 0
3 years ago
Determine the number of cycles per day and the production quantity per cycle for this set of vehicles: Product Daily Quantity A
PIT_PIT [208]

Answer:

The Number of cycles is 4

Product   Daily Quantity    Daily Unit per cycle

     A                 18                     18/4 = 4.5 units

     B                 16                     16/4 = 4 units

     C                 4                       4/4 = 1 unit

     D                 16                     16/4 = 4 units

3 0
2 years ago
Other questions:
  • A company wants to identify which of two production methods has the smaller completion time. One sample of workers is randomly s
    5·1 answer
  • Eleanor takes several high-cost prescription drugs. She would like to enroll in a standalone Part D prescription drug plan that
    12·2 answers
  • Which credit(s) can the Franklins claim on their 2019 tax return? a. Child and dependent care credit for both Rose and Iris b. C
    11·1 answer
  • How does the ranking of spending by larger nations compare depending on which method is used to convert into a common currency?
    8·1 answer
  • The average cost method of process costing differs from the FIFO method of process costing in that the average cost method: Grou
    7·1 answer
  • Marissa, a college student, and her father, a wealthy businessman, were each considering the purchase of a new automobile. As a
    14·1 answer
  • What is the monopolist's profit under the following conditions? The profit-maximizing price charged for goods produced is $12. T
    14·1 answer
  • Electro Company manufactures an innovative automobile transmission for electric cars. Management predicts that ending finished g
    6·1 answer
  • The transactions carried out by BTS Corporation during the year caused an increase in total assets of $150,000 and a decrease in
    10·1 answer
  • the idea that people like to save more money at higher interest rates and do not like saving as much money at lower interest rat
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!