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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.

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Joe Keho and Mike McLain share income on a 6:4 basis. They have capital balances of $90,000 and $70,000, respectively, when Lind
lions [1.4K]

Answer:

A.

Joe’s Capital (existing partner) = $90,000

Mike’s Capital (existing partner) = $70,000

Profit-sharing ratio = 6:4

Admission of Linda (new partner) with bonus to existing partners:

$100,000 cash contributed for 25% share

So, implied value of partnership firm after admission = $100,000 / 25% = $400,000

However, actual value of partnership firm after admission will be = $90,000 + $70,000 + $100,000 = $260,000

Linda’s Capital in new partnership = 25% * $260,000 = $65,000

However, Linda is contributing $100,000

So, bonus accruing to existing partners = $100,000 - $65,000 = $35,000

Bonus to be split in profit sharing ratio

Bonus accruing to Joe = $35,000 * 6/10 = $21,000

Bonus accruing to Mike = $35,000 * 4/10 = $14,000

Joe'sCapital

$21,000

Mike'sCapital

$14,000

Lindia's Capital

$65,000

b. Admission of Linda (new partner) with bonus to the new partner:

$36,000 cash contributed for 25% share

So, implied value of partnership firm after admission = $36,000 / 25% = $144,000

However, actual value of partnership firm after admission will be = $90,000 + $70,000 + $36,000 = $196,000

Linda’s Capital in new partnership = $196,000 * 25% = $49,000

However, contribution by Linda= $36,000

So, bonus accruing to Linda = $49,000 - $36,000 = $13,000

Joe’s share in bonus to Linda = $13,000 * 6/10 = $7,800

Mike’s share = $13,000 * 4/10 = $5,200

Joe'sCapital

$7,800

Mike'sCapital

$5,200

Lindia's Capital

$49,000

6 0
3 years ago
How do your financial choices impact the economy?
Slav-nsk [51]
You become broke cause you don't pay your bills on time or car notes that's why the economy is failing
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5 0
3 years ago
Read 2 more answers
Refer to "Terrorism Preparedness" in your assigned readings. According to the article, identify what local, county, and state as
Mkey [24]

Answer: As a terorrism preparedness, local, country and state assets need to be in place as an answer to counterterrorism preparedness. National infrastructure preparedness plan which outlines how government and private sector participants in the community can work together to manage risks and achieve security and resilience outcomes.

The National Infrastructure and Computer Intrusion Program also have a role in preventing terrorist act by identifying, protecting, preventing and detecting of computer intrusions. Assets include the major electrical, communications, and water facilities; transportation hubs; energy plants and other infrastructure which are instrumental in terrorism attack.

Explanation:

5 0
3 years ago
Felipe's grandparents have given him $1,500.00 to invest while he is in college to begin his retirement fund. He will earn 2.3%
deff fn [24]

Answer:

$1,642.83

Explanation:

The amount after four years can be calculated using the formula below

A = P(1 +r)^n

where A= amount

P = Principal amount $1500

r= interest 2.3% or 0.023

n = time in year; 4

A = $1500(1 + 0.023)^4

A= $1500(1.023)^4

A=$1500x 1.095222

A=$1,642.83

8 0
3 years ago
Regardless of which method you choose, why is it important to pay at least the monthly minimum payment on every debt? Your credi
Diano4ka-milaya [45]

Answer:

You will have to pay fees and your credit score will decrease.

Explanation:

If you do not make at lest the minimum payments for all your outstanding debts, the lender will probably charge you late payment fees (which can be very expensive), and your credit score will certainly decrease. This will end up increasing your future credit costs and hurt your ability to access them.

7 0
3 years ago
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