Business
Business, 10.07.2019 00:10, xdoran

The d. a. winston corporation earned an operating profit margin of 10.1 percent based on sales of $11.2 million and total assets of $5.7 million last year. a. what was winston's total asset turnover ratio? b. during the coming year the company president has set a goal of attaining a total asset turnover of 3.3. how much must firm sales rise, other things being the same, for the goal to be achieved? (state your answer in both dollars and percentage increase in sales.) c. what was winston's operating return on assets last year? assuming the firm's operating profit margin remains the same, what will the operating return on assets be next year if the total asset turnover goal is achieved? a. what was winston's total asset turnover ratio?

answer
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 03:30, jonathanLV6231
Eagle sporting goods reported the following data at july ​31, 2016​, with amounts adapted in​ thousands: ​(click the icon to view the income​ statement.) ​(click the icon to view the statement of retained​ earnings.) ​(click the icon to view the balance​ sheet.) 1. compute eagle​'s net working capital. 2. compute eagle​'s current ratio. round to two decimal places. 3. compute eagle​'s debt ratio. round to two decimal places. do these values and ratios look​ strong, weak or​ middle-of-the-road? 1. compute eagle​'s net working capital. total current assets - total current liabilities = net working capital 99400 - 30000 = 69400 2. compute eagle​'s current ratio. ​(round answer to two decimal​ places.) total current assets / total current liabilities = current ratio 99400 / 30000 = 3.31 3. compute eagle​'s debt ratio. ​(round answer to two decimal​ places.) total liabilities / total assets = debt ratio 65000 / 130000 = 0.50 do these ratio values and ratios look​ strong, weak or​ middle-of-the-road? net working capital is ▾ . this means ▾ current assets exceed current liabilities current liabilities exceed current assets and is a ▾ negative positive sign. eagle​'s current ratio is considered ▾ middle-of-the-road. strong. weak. eagle​'s debt ratio is considered ▾ middle-of-the-road. strong. weak. choose from any list or enter any number in the input fields and then continue to the next question.
Answers: 3
image
Business, 22.06.2019 18:00, firesoccer53881
If you would like to ask a question you will have to spend some points
Answers: 1
image
Business, 22.06.2019 19:00, Anonymouslizard
All of the following led to the collapse of the soviet economy except a. a lack of worker incentives. c. inadequate supply of consumer goods. b. a reliance on production quotas. d. the introduction of a market economy.
Answers: 1
image
Business, 22.06.2019 19:20, goofy44
Royal motor corp. generates a major portion of its revenues by manufacturing luxury sports cars. however, the company also derives an insignificant percent of its annual revenues by selling its sports merchandise that includes apparel, shoes, and other accessories under the same brand name. which of the following terms best describes royal motor corp.? a. aconglomerate b. a subsidiary c. adominant-businessfirm d. a single-business firm
Answers: 1
Do you know the correct answer?
The d. a. winston corporation earned an operating profit margin of 10.1 percent based on sales of $1...

Questions in other subjects:

Konu
Mathematics, 02.07.2021 06:50
Konu
Mathematics, 02.07.2021 06:50