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
Hatshy [7]
3 years ago
12

Suppose selected comparative statement data for the giant bookseller Barnes & Noble are presented here. All balance sheet da

ta are as of the end of the fiscal year (in millions).
2017

2016

Net sales $5,121.8 $5,286.7
Cost of goods sold 3,540.6 3,679.8
Net income 75.9 135.8
Accounts receivable 81 107.1
Inventory 1,203.5 1,358.2
Total assets 2,993.9 3,249.8
Total common stockholders’ equity 921.6 1,074.7

Compute the following ratios for 2017. (Round asset turnover to 2 decimal places, e.g 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 2.5%)

(a) Profit margin
Entry field with correct answer

%
(b) Asset turnover
Entry field with incorrect answer

times
(c) Return on assets
Entry field with correct answer

%
(d) Return on common stockholders’ equity
Entry field with incorrect answer

%
(e) Gross profit rate
Entry field with correct answer

%

Business
1 answer:
romanna [79]3 years ago
5 0

Answer: a) 1.48%

B) 1.64%

C) 0.024%

D)0.08 times

E) $1,581.2

Explanation:

You might be interested in
All the occupation are equally important how and why .<br><br><br><br><br> ​
sveticcg [70]

It is true that some jobs require more training and experience than others. Also, that some jobs carry more responsibility, pay more, and have greater status.

But that doesn’t mean one job is more important than another.

In an organization, everyone matters and no one should look down upon someone for the work they are doing.

Remember, every job should be valued. And, every person should be treated with dignity and respect.

6 0
3 years ago
To determine the effective gross income on a property, the sales associate should:________
artcher [175]

Answer:

Subtract vacancy and credit costs from potential gross income

Explanation:

Effective gross income (EGI) is actually the ratio or relationship that exists between the sale price of a property and effective gross income of that same property.

It is the potential gross income added to other income when vacancy and credit costs are subtracted from it.

EGI is used to determine the value of a rental property and the cash that the property generates.

4 0
3 years ago
When businesses collect demographic information on where people live, what they buy, and how they spend their time, they are res
snow_tiger [21]

Answer:

Social environment.

Explanation:

When businesses collect demographic information on where people live, what they buy, and how they spend their time, they are responding to the social environment. The social environment comprises of values, beliefs, practices, customs and behaviors of a group of people living together in a society and how their actions influence their surroundings or environment.

Demographics can be defined as the study and analysis of the characteristics of a population based on pre-defined factors such as education, race, income, sex or gender, and age.

Additionally, businesses gather, analyze and use demographic informations about people in the target market so as to have a competitive edge or advantage and to help build a strong relationship.

7 0
3 years ago
What is the best advice for you to follow when writing a persuasive claim message?
svet-max [94.6K]
It must be debatable. Hope this helps
3 0
3 years ago
The section of his business plan in which Jones sets forth the purpose of his cabinet-making business-its reason for existing-is
lorasvet [3.4K]

Answer:

The correct answer is letter "C": "Mission Statement".

Explanation:

A company's mission statement represents the objective that the firm must set. That objective must last and should be adaptable to the changes it could be exposed to. It clearly states the purpose of the company and why it exists and operates. The mission statement also identifies by whom the entity is formed and their respective functions.

4 0
3 years ago
Other questions:
  • True or False Payday loans incur fewer fees and expenses than traditional loans.
    15·1 answer
  • Erin works at a financial Institution. She has offered a housing loan to a customer. While carrying out the transaction, which l
    12·1 answer
  • Monty Corp. receives $180,000 when it issues a $180,000, 10%, mortgage note payable to finance the construction of a building at
    12·1 answer
  • Which one of the following is an example of the circular flow model and shows the interdependence of households and firms? a. Th
    10·1 answer
  • Analyzing income distribution would include all of the following EXCEPTa. the purchasing power of various age groups.b. the disc
    11·1 answer
  • Select the correct answer.
    15·1 answer
  • Use information from the Washington Post article "Why We've Been Hugely Underestimating the Overfishing of the Oceans" to determ
    5·1 answer
  • Swifty Industries had the following inventory transactions occur during 2014: Units Cost/unit 2/1/20 Purchase 55 $46 3/14/20 Pur
    12·1 answer
  • Identify a current trending topic on Yahoo! or Twitter. Why do you think this particular topic is currently trending? How long d
    5·1 answer
  • Our company sells flat screen tvs to retailers for $1,000. The total fixed costs for plant operation is $60,000. It costs us $70
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!