Question
That the new products will bring The new products are a significant step up in quality...
that the new products will bring The new products are a significant step up in quality above the company's current offerings, but offer a complementary fit to its existing product line. Fred Riddick, senior production department manager, is very excited about the high-tech new equipment that will have to be acquired to produce the new products. Barbara Dyson, the company's CFO, has provided the following projections based on results with and without the new products. ER Without New With New Products Products Sales revenue rd $12,366.225 $15,774,850 Net income $494,649 $946,491 Average total assets $5,496,100 $13,521,300 (a) Compute the company's return on assets, profit margin, and asset turnover, both with and without the new product line. (Round answers to O decimal places, eg 2 % and asset tunover to 1 decimal place, eg 6.2) Without new products With new products Return on assets 009 % 007 % Profit margin I% Asset turnover eTextbook and Media Attemntr: 1 of 2
Answers
With New Product Answers without New Prodcut 9% 4% 2.3 Return on Assets Profit Margin Turnover 7% 6% 1.2without New With New Prodcut Product Sales 12366225 15774850 Average Opearating Assets 5496100 13521300 Net operating income 494649 946491 Margin : Net operating Income / Net sales Net operating income 494649 946491 Sales 12366225 15774850 Profit Margin 4.00% 6.00% Assets Turnover ratio : Netsales Average Opearating Assets Sales 12366225 15774850 Average Operating Assets 54961001 13521300 Assets Turnover ratio : 2.25 1.17 ROA : Margin * Asset Turnover ratio Margin 4.00% 6.00% Assets Turnover ratio : 2.25 1.166666667 ROA: 9.00% 7.00%
Similar Solved Questions
1 answers
Explain how rhythm, rhyme, and other sound effects,alliteration, assonance, onomatopoeia,can contribute to a poem's mood
Explain how rhythm, rhyme, and other sound effects,alliteration, assonance, onomatopoeia,can contribute to a poem's mood....
1 answers
If freddy tosses a coin three times, what is the probability that the coin will turn up hesds,tails,heads, tails in that order
if freddy tosses a coin three times, what is the probability that the coin will turn up hesds,tails,heads, tails in that order? I came up with 1/2 correct?also the ratio length to the width of the alamo isabout 5to 3 if the width of the alamo is 63ft about how long is the alamo? would that be 37.4ft...
1 answers
1) What is the work per cycle of this heat engine? 2) Find the efficiency of...
1) What is the work per cycle of this heat engine? 2) Find the efficiency of this heat engine. A heat engine with 0.252 moles of a monatomic as undergoes the cyclic procedure shown in the pV diagram on the right. Between stages 3 and 1 the gas is at a constant temperature, and between 2 and 3 no hea...
1 answers
We say that an industry is perfectly competitive if the consumers and producers are all "price-takers"....
We say that an industry is perfectly competitive if the consumers and producers are all "price-takers". Describe what this means. [3 marks)...
1 answers
1. The most recent financial statements for Horn, Inc. are show below (assume no income taxes.)...
1. The most recent financial statements for Horn, Inc. are show below (assume no income taxes.) Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year’s sales are projected to be $8,968. What is the external financing needed (EFN)? Income Statemen...
1 answers
You are on your Medical Assisting practicum and Ashden Joseph, a 9-year-old patient is diagnosed with...
You are on your Medical Assisting practicum and Ashden Joseph, a 9-year-old patient is diagnosed with strep throat. Applying your understanding of the chain of infection, how can you prevent the spread of the infection to yourself and others? Include the chain of infection and how each component is ...
2 answers
How do you write the equation of the line between the points (2, 4) and (-2,8)?
How do you write the equation of the line between the points (2, 4) and (-2,8)?...
1 answers
A car with initial tangential speed of 10m/s accelerates on a circular track with radius of...
A car with initial tangential speed of 10m/s accelerates on a circular track with radius of 100 m and with angular acceleration of 2 rad/s^2. How long it takes for the car to have its centripetal acceleration of 9 m/s^2? This is the question in verbatim....
1 answers
A minor product in the nitration of methyl benzoate is a dinitro product. Of the four...
A minor product in the nitration of methyl benzoate is a dinitro product. Of the four structures below, which one of them is the most likely dinitro product? On a separate sheet, explain your choice....
1 answers
Find a polynomial function P of the lowest possible degree, having real coefficients, a leading coefficient...
Find a polynomial function P of the lowest possible degree, having real coefficients, a leading coefficient of 1, and with the given zeros. 2 + 3i. - 1 and 2 The polynomial of lowest degree is P(x) =...
1 answers
With regard to the DSM, disorders are constantly being added to (e.g. Hoarding Disorder, Social Communication...
With regard to the DSM, disorders are constantly being added to (e.g. Hoarding Disorder, Social Communication Disorder, Premenstrual Dysphoric Disorder) and taken out of (e.g. homosexuality, sexual aversion disorder), and this is why it is continually updated. How can a manual that has included as d...
1 answers
In the reaction of HCI with 3,3-dimethylbut-1-ene, two products are isolated as follows. CI HCI In...
In the reaction of HCI with 3,3-dimethylbut-1-ene, two products are isolated as follows. CI HCI In an effort to explain the product distribution in this reaction, the following structural rearrangement has been proposed as reactive intermediates. What type of structural rearrangement is shown here? ...
1 answers
Question 6 1 pts An LTI system has impulse response h[n] = (-1)”[n+1] Is the system...
Question 6 1 pts An LTI system has impulse response h[n] = (-1)”[n+1] Is the system causal? Is it stable? (a) It is both causal and stable. (b) It is causal, but not stable. (e) It is stable, but not causal. (d) It is neither stable, nor causal (e) The system is stable, but the information pro...
1 answers
Assume that 12 jurors are randomly selected from a population in which 85% of the people...
Assume that 12 jurors are randomly selected from a population in which 85% of the people are Mexican- Americans. Refer to the probability distribution table below and find the indicated probabilities. P(x) 0 0+ 1 0+ 2 0+ 3 0+ 4 0.0001 5 0.0006 6 0.004 7 0.0193 8 0.0683 9 0.172 10 0.2924 11 0.3012 12...
1 answers
Originally issued $4,000,000 in bonds at $4,400,000 but have amortized $160,000 of the premium since issuance....
Originally issued $4,000,000 in bonds at $4,400,000 but have amortized $160,000 of the premium since issuance. We wish to retire 70% of the bond issue at the current market price of 120. Make the necessary entry to retire the bonds. Originally issued $1,000,000 in bonds and current premium balance...
1 answers
Question Material g) Ending finished goods inventory budget (3 marks) h) Cost of goods sold budget...
Question Material g) Ending finished goods inventory budget (3 marks) h) Cost of goods sold budget (4 marks) Fizzy Pop bottles a lemon flavoured soft drink. All inventory is in direct materials and finished goods at the end of each quarter. There is no work-in-process inventory. Fizzy Pop uses ca...
1 answers
The compute the projECLIUL ULD Uw at U Uw Problem 3. Is A = 3 an...
The compute the projECLIUL ULD Uw at U Uw Problem 3. Is A = 3 an eigenvalue of the matrix A = won ſi 2 2] 3 -2 1]? If so, find the corresponding To 1 1 eigenvector?...
1 answers
Multiple Choice Question Consider the following sample: 16, 13, 10, 17, 16, 14, 5, 12, 15,...
Multiple Choice Question Consider the following sample: 16, 13, 10, 17, 16, 14, 5, 12, 15, 8, 9, 10, 15, 22, 8. Calculate the variance and interquartile range of the sample, respectively. A. 19.38; 7 B. 15.7; 7 C. 4.40; 7 D. 19.38; 7.5 E. 19.38; 6.5 Multiple Choice Question Assume that the monthly r...
1 answers
Get On Question 3: Use indifference curve and constraint analysis to show how Pizza Hut can...
Get On Question 3: Use indifference curve and constraint analysis to show how Pizza Hut can get customers to spend more money on less pizza than if Pizza Hut charged a uniform price for all pizzas. 1/2 price August 15-21 FOx To begin analysis, divide all consumption into two categories: pizza and &#...