Business, 09.05.2020 06:57 manuellopez1981
Queen Products Company are presented below. All balance sheet data are as of December 31.
2017 2016
Net sales $757,500 $721,500
Cost of goods sold 480,500 445,000
Interest expense 8,000 4,200
Net income 45,500 37,000
Accounts receivable 123,500 110,000
Inventory 85,700 72,400
Total assets 577,100 501,300
Total common stockholders’ equity 433,400 324,500
Compute the following ratios for 2017. (Round answers to 1 decimal place, e. g. 1.6, or 1.6% .)
Profit margin:
1. Asset turnover times.
2. Return on assets.
3. Return on common stockholders’ equity.
Answers: 3
Business, 22.06.2019 09:50, niele123
The returns on the common stock of maynard cosmetic specialties are quite cyclical. in a boom economy, the stock is expected to return 22 percent in comparison to 9 percent in a normal economy and a negative 14 percent in a recessionary period. the probability of a recession is 35 percent while the probability of a boom is 10 percent. what is the standard deviation of the returns on this stock?
Answers: 2
Business, 22.06.2019 11:30, emocow
1. regarding general guidelines for the preparation of successful soups, which of the following statements is true? a. thick soups made with starchy vegetables may thin during storage. b. soups should be seasoned throughout the cooking process. c. finish a cream soup well before serving it to moderate the flavor. d. consommés take quite a long time to cool. student c incorrect
Answers: 2
Queen Products Company are presented below. All balance sheet data are as of December 31.
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