Fill This Form To Receive Instant Help
Fill This Form To Receive Instant Help
Homework answers / question archive / 1)The fiscal 2016 financial statements for Walgreens Boots Alliance, Inc
1)The fiscal 2016 financial statements for Walgreens Boots Alliance, Inc., report net sales of $117,351 million, net operating profit after tax of $4,687 million, net operating assets of $39,502 million. The 2015 balance sheet reports net operating assets of $42,683 million.
Walgreen's 2016 net operating asset turnover is:
Select one:
A. 11.5%
B. 2.86
C. 13.3%
D. 2.97
E. There is not enough information to calculate the ratio.
Select one:
A. (13.6)%
B. 18.7%
C. (14.5)%
D. 35.4%
E. There is not enough information to calculate the ratio.
3.The 2017 balance sheet of Staples, Inc. shows total assets of $8,271 million, operating assets of $6,566 million, operating liabilities of $3,527 million, and shareholders’ equity of $3,688 million.
Staples' 2017 net operating assets are:
Select one:
A. $11,798 million
B. $ 6,566 million
C. $ 4,744 million
D. $ 3,039 million
E. None of the above
4. Mattel Inc.'s 2016 financial statements show operating profit before interest and tax of $519,233 thousand, net income of $318,022 thousand, provision for income taxes of $91,720 thousand and net nonoperating expense before tax of $109,491 thousand. Assume Mattel’s statutory tax rate for 2016 is 37%.
Mattel's 2016 tax shield is:
Select one:
A. $ 68,979 thousand
B. $ 40,512 thousand
C. $277,510 thousand
D. $186,460 thousand
E. None of the above
5. The 2016 balance sheet of The New York Times Company shows net operating profit margin (NOPM) of 3.1%, net operating asset turnover (NOAT) of 4.39, return on equity of 3.5%, and adjusted return on assets of 2.2%.
What is the company's nonoperating return?
Select one:
A. (24.0)%
B. 7.9%
C. (1.1)%
D. (10.1)%
E. None of the above
Selected ratios follow for Nike, Inc., for the year ended December 31, 2013 (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 |
6.What is the company's return on equity (ROE) for the year?
Select one:
A. 13.1%
B. 32.2%
C. 17.5%
D. 30.1%
E. None of the above
Select one:
A. Solvency
B. Bankruptcy position
C. Liquidity
D. Financial leverage
E. None of the above
8.The fiscal 2016 balance sheet for Whole Foods Market reports the following data (in millions).
|
Cash and Cash Equivalents |
Marketable Securities |
Accounts Receivable |
Merchandise Inventories |
Current Assets |
Current Liabilities |
|
$351 |
$379 |
$242 |
$517 |
$1,975 |
$1,341 |
What is the company's quick ratio?
Select one:
A. 0.69
B. 1.38
C. 0.72
D. 1.47
E. None of the above
9. The fiscal 2016 financial statements of Nike Inc. shows average net operating assets (NOA) of $8,450 million, average net nonoperating obligations (NNO) of $(4,033) million, average total liabilities of $9,014 million, and average equity of $12,483 million.
The company's 2016 financial leverage (FLEV) is:
Select one:
A. (0.477)
B. (0.559
C. (0.323)
D. (0.447)
E. There is not enough information to determine the ratio.
10. The fiscal 2016 balance sheet for Whole Foods Market reports the following data (in millions).
|
Cash and Cash Equivalents |
Marketable Securities |
Accounts Receivable |
Merchandise Inventories |
Current Assets |
Current Liabilities |
|
$351 |
$379 |
$242 |
$517 |
$1,975 |
$1,341 |
What is the company's current ratio?
Select one:
A. 0.69
B. 1.38
C. 0.72
D. 1.47
E. None of the above
11. Kroger's 2016 financial statements show net operating profit after tax of 2,286 million, net income of $1,975 million, sales of $115,337 million, and average net operating assets of 18,616 million.
Kroger's net operating asset turnover for the year is:
Select one:
A. 12.3%
B. 8.11
C. 6.20
D. 10.9%
E. There is not enough information to calculate the ratio.
12. The 2016 financial statements of The New York Times Company reveal average shareholders’ equity attributable to controlling interest 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 equity (ROE) for the year is:
Select one:
A. 3.5%
B. 13.8%
C. 6.9%
D. 14.3%
E. There is not enough information to calculate the ratio.
13.Liquidity refers to:
Select one:
A. A company’s cash availability
B. A company’s operating cycle
C. A company’s amount of financial leverage
D. A company’s ability to meet its debt obligations
E. A company’s ability to generate sales from use of its assets
14.The 2016 balance sheet of Whole Foods Market reports operating assets of $5,489 million, operating liabilities of $2,066 million, and total liabilities of $3,117 million.
Whole Food's average net operating assets are:
Select one:
A. $3,423 million
B. $2,372 million
C. $3,562 million
D. $2,510 million
E. There is not enough information to calculate the amount.
15.Selected balance sheet data follow for Goodyear Tire & Rubber Company for the year ended December 31, 2016 (in millions):
|
Total Operating Liabilities |
Total Nonoperating Liabilities |
Total Current Liabilities |
Total Liabilities |
Total Liabilities and Shareholders' Equity |
|
$6,307 |
$5,479 |
$4,817 |
$11,786 |
$16,511 |
What is the company's liabilities-to-equity ratio?
Select one:
A. 2.49
B. 1.40
C. 3.23
D. 0.71
E. None of the above
Select one:
A. 16.9%
B. 12.5%
C. 17.9%
D. 11.7%
E. There is not enough information to calculate the ratio.
|
Income before Provision for Income Taxes |
Interest Expense |
Statutory Tax Rate |
Provision for Income Taxes |
Net Income |
|
$1,023,911 |
$29,670 |
37% |
$331,747 |
$692,164 |
What is the company's times interest earned ratio?
Select one:
A. 34.5
B. 24.3
C. 17.8
D. 35.5
E. None of the above
Already member? Sign In
