The 2017 Annual Report of Tootsie Roll Industries contains the following information.
(in millions)
December 31, 2017
December 31, 2016
Total assets
$930.9 $920.1
Total liabilities
197.1
208.6
Net sales
515.7
517.4
Net income
80.7 67.2
Compute the following ratios for Tootsie Roll for 2017.
(a)
Asset turnover (Round answer to 3 decimal places, e. g. 0.851 times.)
enter the asset turnover rounded to 4 decimal places
times
(b)
Return on assets (Round answer to 2 decimal places, e. g. 4.87%.)
enter the return on assets in percentages rounded to 2 decimal places
%
(c)
Profit margin on sales (Round answer to 2 decimal places, e. g. 4.87%.)
enter the profit margin on sales in percentages rounded to 3 decimal places
%
Answers: 2
Business, 22.06.2019 10:30, khenalilovespandas
Marketing1. suppose the average price for a new disposable cell phone is $20, and the total market potential for that product is $4 million. topco, inc. has a planned market share of 10 percent. how many phones does topco have the potential to sell in this market? 20,0002. use the data from question 3 to calculate topco, inc.'s planned market share in dollars. $400,0003. atlantic car rental charges $29.95 per day to rent a mid-size automobile. pacific car rental, atlantic's main competitor, just reduced prices on all its car rentals. in response, atlantic reduced its prices by 5 percent. now how much does it cost to rent a mid-size automobile from atlantic? $28.45
Answers: 1
Business, 22.06.2019 20:30, joaquin42
Hank itzek manufactures and sells homemade wine, and he wants to develop a standard cost per gallon. the following are required for production of a 70-gallon batch. 2,700 ounces of grape concentrate at $0.04 per ounce 77 pounds of granulated sugar at $0.43 per pound 133 lemons at $0.79 each 350 yeast tablets at $0.24 each 350 nutrient tablets at $0.14 each 2,500 ounces of water at $0.001 per ounce hank estimates that 4% of the grape concentrate is wasted, 9% of the sugar is lost, and 32% of the lemons cannot be used. compute the standard cost of the ingredients for one gallon of wine. (round intermediate calculations and final answer to 2 decimal places, e. g.
Answers: 3
The 2017 Annual Report of Tootsie Roll Industries contains the following information.
(i...
(i...
Mathematics, 25.09.2021 07:20
Mathematics, 25.09.2021 07:20
Mathematics, 25.09.2021 07:20
Mathematics, 25.09.2021 07:20
Biology, 25.09.2021 07:20