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
ryzh [129]
3 years ago
9

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:
Business
2 answers:
dusya [7]3 years ago
6 0

Answer:

The formula for RNOA is net income divided by net operating assets.

29,068/354,414= 8.2%

Explanation:

aivan3 [116]3 years ago
4 0

Answer: Return on Net Operating Assets = 13.55%

Explanation:

return on net operating profits is calculated by dividing operating profits after tax by net operating assets. this ratio measures a company's performance  with regards to how well  a company uses its operating assets to generate profits. it is a good measure of a company's profitability. the return on net operating profits is used by investors  to determine how much each dollar invested in operating assets will earn and also it indicates a companies efficiency.  

RONA = Return on net Operating Assets

operating profits = 48032000

average net operating assets = 354414000

RONA = Operating profits/average operating assets

RONA = 48032000 / 354414000 = 0.13552512 = 13.55%

The return on net operating asset is 13.55% meaning a dollar invested in operating assets earns 13.55% return.

A company should measure its RONA ratio against RONA of companies in the same industry and also measure RONA ratio against  the industry's  RONA to determine whether or not the company is using its operating assets efficiently in generating earnings.

You might be interested in
Identify which basic principle of accounting is best described in each item below.
adelina 88 [10]

Answer:

The Matching Principle

Explanation:

The Matching Principle of accounting holds that revenues should be matched with expenses. Hence the name.

This is to say, that revenues should only be recognized when the associated expenses with those revenues have been spent.

For example, in numeral a), we can see that Norfolk Southern Corporation recieved cash in advance, but it only recognized revenue once it had performed the services associated with that cash collection.

4 0
3 years ago
All of the following are determinants of demand elasticity EXCEPT a. whether the purchase of the product can be delayed b. wheth
yKpoI14uk [10]

Answer:

The correct answer is option d. whether the product has utility.

Explanation:

The demand elasticity is a concept that explains the elasticity of the consumer in terms of buying a product while its price rises.

All of the factors given in the question are a part of this concept except whether the product has utility.

The reason is that when a consumer buys something, the utility of that desire is not measured. If people have a high demand elasticity, they would buy the most priciest of things which have no utility  as such.

3 0
2 years ago
Momber's Flooring Company
alex41 [277]

Answer:

Net Cash Flows from Operating Activities for 2012 will be $2,082

Explanation:

Prepare the Cash flow from Operating Activities Section to determine the Net Cash Flows from Operating Activities.

Cash flow from Operating Activities :

Net income                                                                       3,382

Adjustment for Non-Cash items :

Depreciation 810

Adjustment for Changes in Working Capital items :

Decrease in Accounts Receivables                                 200

Increase in Inventory                                                       -500

Decrease in  Notes payable                                            -400

Decrease in Accounts payable                                     -1,000

Increase in Accruals                                                          400

Net Cash Flows from Operating Activities                    2,082

Conclusion :

Net Cash Flows from Operating Activities for 2012 will be $2,082

8 0
3 years ago
A rival good A. is exclusive. B. is one that rival firms are trying to obtain. C. cannot be shared. D. is one that is used up as
ANTONII [103]

Answer: Option (D) is correct.

Explanation:

A good is said to be rival in nature if the consumption of that good by one individual will impact the availability of good for the others. This means that less quantity will be available for the others.

For instance, if a city has only one fire station, two fire trucks and four firefighters then it is characterized as rival in consumption because consumption of fire protection by one individual will make the fire protection unavailable for the others, due to its limited availability.

Suppose if there is an emergency call received from about 15 houses then the fire protection have to choose 3 or 4 houses among them because of limited resources. This shows that fire protection is unavailable for others.

5 0
2 years ago
Becker Tabletops has two support departments (Janitorial and Cafeteria) and two production departments (Cutting and Assembly). R
den301095 [7]

Answer:

A.Allocates costs to assembly department = $290,250

B.Allocated costs to cutting department =$274,000

C.Allocated costs to cutting department =$254,200

Explanation:

A. Calculation for the production department that is allocated the most support department costs under the direct method

Allocated costs to cutting department =

($62,000+ $126,750)

Allocated costs to cutting department=$188,750

Allocates costs to assembly department = ($248,000+$42,250)

Allocates costs to assembly department = $290,250

Based on the above calculation the production department that is allocated the most support department costs will be Assembly department because it has the highest allocated costs of the amount of $290,250

B) Calculation for the production department that is allocated the most support department costs under the sequential method

Allocated costs to cutting department = ($ 31,000+ $243,000)

Allocated costs to cutting department =$274,000

Allocates costs to assembly department = ($124,000+$81,000)

Allocates costs to assembly department = $205,000

Allocates costs to cafeteria department =$155,000

Based on the above calculation the production department that is allocated the most support department costs will be Cutting department because the department had the highest allocated costs of the amount of $274,000

C) production department is allocated the most support department costs under the reciprocal services method?

Allocated costs to cutting department = ($ 38200+ $216000) =$254200 ( most support cost allocated to Cutting department

Allocates costs to assembly department = ($152800+$72000) = $224000

8 0
3 years ago
Other questions:
  • Wood Chuck Furniture currently manufactures rocking chairs as its main product. Each chair uses one seat cushion and one back cu
    5·1 answer
  • True or false: The role of the government in the free market is limited
    13·1 answer
  • Which type of malware could appear to be desirable to the user
    14·1 answer
  • When merchandise sold is assumed to be in the order in which the purchases were made, the company is using a.last-in, first-out
    13·1 answer
  • What is one cost of avoiding insurance?
    9·1 answer
  • Developing the ability to solve problems can help you
    11·2 answers
  • Q 14.6: Morris Enterprises has 5,000 shares of 5.5%, $100 par value cumulative preferred stock and 100,000 shares of $10 par val
    9·1 answer
  • For the first time in two years, Big G (the cereal division of General Mills) raised cereal prices by 4 percent. If, as a result
    9·1 answer
  • Which 2 statements are true about payment links in QuickBooks<br> Online?
    10·1 answer
  • positive economics ______ value judgments, tries to establish ______ statements about economic behavior, and deals with ______ e
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!