Brief Exercise 11-10
In its 2017 annual report, Campbell Soup
Company reports beginning-of-the-year total assets of...
Brief Exercise 11-10
In its 2017 annual report, Campbell Soup
Company reports beginning-of-the-year total assets of
$7,837 million, end-of-the-year total assets of $7,726 million,
total sales of $7,890 million, and net income of $887 million.
Compute Campbell’s asset turnover. (Round answer to
4 decimal places, e.g. 4.8726.)
Asset turnover
enter asset turnover in times rounded to 4 decimal places
times
LINK TO TEXT
Compute Campbell’s profit margin on sales. (Round
answer to 2 decimal places, e.g. 4.87%.)
Profit margin on...
Exercise 9-23
The financial statements of
ConAgra Foods, Inc.’s 2014 annual report disclose
the following information....
Exercise 9-23
The financial statements of
ConAgra Foods, Inc.’s 2014 annual report disclose
the following information.
(in millions)
2014
2013
2012
Year-end inventories
$2,201
$2,077
$2,341
Fiscal Year
2014
2013
Net sales
$17,703
$15,427
Cost of goods sold
13,980
11,864
Net income
315
786
Compute ConAgra’s (a) inventory turnover and (b) the average days
to sell inventory for 2014 and 2013.
The following data were included in a recent Papaya Inc. annual
report (in millions):
2013
2014...
The following data were included in a recent Papaya Inc. annual
report (in millions):
2013
2014
2015
2016
Net revenue
$
66,225
$
109,249
$
158,500
$
155,910
Net property, plant, and
equipment
4,800
7,780
15,460
13,400
Required:
Compute Papaya's fixed asset turnover ratio for 2014, 2015, and
2016. (Do not round intermediate calculations. Round your
answers to 1 decimal place.)
The following data were included in a recent Apple Inc. annual
report (in millions):
2013
2014...
The following data were included in a recent Apple Inc. annual
report (in millions):
2013
2014
2015
2016
Net revenue
$
170,910
$
182,795
$
233,715
$
215,640
Net property, plant, and
equipment
16,600
20,624
22,471
27,010
Required:
Compute Apple's fixed asset turnover ratio for 2014, 2015, and
2016. (Do not round intermediate calculations. Round your
answers to 1 decimal place.)
Crane Company reports the following information (in millions)
during a recent year: net sales, $10,177.2; net...
Crane Company reports the following information (in millions)
during a recent year: net sales, $10,177.2; net earnings, $246.7;
total assets, ending, $5,130.0; and total assets, beginning,
$5,150.0.
(a) Calculate the (1) return on assets, (2) asset
turnover, and (3) profit margin. (Round answers to 1
decimal place, e.g. 6.2% and 6.2.)
1.
Return on assets
enter the return on assets in
percentages rounded to 1 decimal places
%
2.
Asset turnover
enter the asset turnover
rounded to 1 decimal places...
Ratios Analyzing Firm Profitability
The following information is available for Crest Company:
Annual Data
2013
2012...
Ratios Analyzing Firm Profitability
The following information is available for Crest Company:
Annual Data
2013
2012
Sales revenue
$6,800,000
$6,000,000
Cost of goods sold
3,806,400
3,720,000
Net income
288,800
264,000
Year-End Data
Dec. 31, 2013
Dec. 31, 2012
Total assets
$2,880,000
$2,360,000
Common stockholders' equity
1,888,000
1,800,000
Calculate the following ratios for 2013:
Round answers to one decimal place, unless otherwise
noted.
a. Gross profit percentage
Answer%
b. Return on sales
Answer%
c. Asset turnover (Round answer to two decimal...
In its 2020 annual report, Headlands Limited reports
beginning-of-the-year total assets of $2,308 million,
end-of-the-year total...
In its 2020 annual report, Headlands Limited reports
beginning-of-the-year total assets of $2,308 million,
end-of-the-year total assets of $2,182 million, total revenue of
$2,355 million, and net income of $150 million.
Calculate Headlands's asset turnover ratio. (Round
answer to 2 decimal places, e.g. 52.75.)
Asset turnover ratio
enter Asset turnover ratio in times times
Link to Text
Calculate Headlands's profit margin. (Round answer
to 2 decimal places, e.g. 52.75%.)
Profit margin
enter Profit margin in percentages %
Link to Text...
Wildhorse Co. reports the following information (in millions)
during a recent year: net sales, $10,959.9; net...
Wildhorse Co. reports the following information (in millions)
during a recent year: net sales, $10,959.9; net earnings, $429.8;
total assets, ending, $5,070.0; and total assets, beginning,
$5,675.0. (a) Calculate the (1) return on assets,
(2) asset turnover, and (3) profit margin. (Round answers to 1
decimal place, e.g. 6.2% and 6.2.)
I need the following help.
return on assets in %
asset turnover
and profit margin
Tyler Toys, Inc.
Income Statement for Years Ending December 31, 2013 and
2014
2014
2013
Revenue...
Tyler Toys, Inc.
Income Statement for Years Ending December 31, 2013 and
2014
2014
2013
Revenue
$14,147,783
$13,567,385
Cost of goods sold
$-8,448,339
$-8,131,598
Selling, general, and administrative expenses
$-997,405
$-981,777
Depreciation
$-1,498,996
$-1,472,330
EBIT
$3,203,043
$2,981,680
Interest expense
$-376,836
$-355,857
Taxes
$-1,073,959
$-997,813
Net income
$1,752,248
$1,628,010
Tyler Toys, Inc.
Balance Sheet as of December 31, 2013 and
2014
ASSETS
2014
2013
LIABILITIES
2014
2013
Current assets
Current liabilities
Cash
$191,079
$187,689
Accounts payable
$1,545,537
$1,456,598
Investments
$180,682
$120,303...
Fader Corp.’s 2014 and 2015 SFP and 2015 SCI are as follows (in
millions of dollars,...
Fader Corp.’s 2014 and 2015 SFP and 2015 SCI are as follows (in
millions of dollars, except per share amounts):
Condensed Statement of Financial Position
31 December
2015
2014
ASSETS
Cash
$
13
$
24
Investments (short-term)
4
7
Accounts receivable (net of allowance)
25
22
Inventory (FIFO)
39
47
Prepaid expenses
5
3
Investments, long-term
54
54
Property, plant, and equipment (net of accumulated
depreciation of $29 (2014), $37 (2015))
92
82
Total assets
$
232
$
239
LIABILITIES...