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docker41 [41]
4 years ago
5

Selected ratios follow for Nike, Inc., for the year ended December 31, 2016 (in millions): Return on Net Operating Assets (RNOA)

Profit Margin (PM) Net Operating Profit Margin (NOPM) Asset Turnover (AT) Financial Leverage (FL) 43.6% 11.6% 11.4% 1.51 1.72 What is the company's return on equity (ROE) for the year? A. 13.1% B. 32.2% C. 17.5% D. 30.1% E. None of the above
Business
1 answer:
Ilya [14]4 years ago
6 0

Answer: D= 30.1%

Explanation:

ROE = PMT x AT x FL

= 11.6 x 1.51 x 1.72

= 30.1%

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Consumer buying behavior.
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3 years ago
Historically, the geographic division structure is associated with companies pursuing ________ strategies.
aleksandrvk [35]
Hey there Emilymontalva1227,

Historically, the geographic division structure is associated with companies pursuing ______ strategies.

Answer:

Multi Domestic

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3 0
3 years ago
_____ determines the boundaries of the firm along three dimensions: vertical integration (along in the industry value chain), di
pashok25 [27]

Answer:

The correct answer is D

Explanation:

Corporate strategy is the kind of strategy which plan to select as well as develop the specific markets in which to compete when improving the divisions as well as units of the business.

This strategy involve 2 components, which are moving to new industries and diversification, which states expanding the area of the market.

So, the corporate strategy is the one which determine the boundaries of the business in 3 dimensions like geographic scope, diversification and vertical integration.

3 0
3 years ago
Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on the stock over the next nine years because t
dimulka [17.4K]

Answer:

$51.25

Explanation:

P9 = Next dividend / Required rate r - Growth rate g

P9 = $15 / 14% - 5%

P9 = $15 / 9%

P9 = $166.67

Po = P9 / (1 - Required rate of return)^9

Po = $166.67 / (1 + 0.14)^9

Po = $166.67 / 3.2519

Po = $51.25

So, the current stock price is $51.25.

8 0
3 years ago
Kimberly sold equipment that she uses in her business for $50,000. Kimberly bought the equipment two years ago for $60,000 and h
PSYCHO15rus [73]

Answer:

$20,000 ordinary gain

Explanation:

Data provided in the question:

Cash proceeds from Selling of the equipment = $50,000

Purchasing cost of the equipment = $60,000

Depreciation expense = $30,000

Now,

The book value of the equipment

= Purchasing cost of the equipment - Depreciation expense

= $60,000 - $30,000

= $30,000

Since,

the amount of proceeds from sales is higher than the book value of the equipment

Therefore a gain will be recognized

The amount of Gain = proceeds from Selling - book value

= $50,000 - $30,000

= $20,000

Hence,

$20,000 ordinary gain

7 0
4 years ago
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