Assume the apparel industry average rate earned on total

Assignment Help Accounting Basics

Reference no: EM13614819

Ann Taylor Retail, Inc., sells professional women'sapparel through company-owned retail stores. Recent financialinformation for Ann Taylor is provided below (all number inthousands):

Year2 Year 1

NetIncome 81,872 63,276

InterestExpense 2,083 3,641

End ofyear Year2 Year1 Year 0

Totalassets 1,492,906 1,327,338 1,256,397

Total stockholders' equity 1,034,482 926,744 818,856

Assume the apparel industry average rate earned on total assetsis 8.2%, and the average rate earned on stockholders' equityis 16.7% for Year 1.

Determine the rate earned on total assets for AnnTaylor for Year 2 and Year 1. Round to one digit after thedecimal place.

Determine the rate earned on stockholders' equityfor Ann Taylor for Year 2 and Year 1. Round to one decimalplace

Evaluate the two-year trend for the profitabilityratios determined in (a) and (b).

Evaluate Ann Taylor's profit performance relative to the industry.

Reference no: EM13614819

Questions Cloud

The net income reported on the income statement of ground : the net income reported on the income statement of ground hogco. was 1250000. there were 250000 shares of 40 parcommon

Identify the mean and the standard deviation of the : as a statistician you are asked to give advice on designing a customer appreciation event for the bookstore. the

After leaving the end of a ski ramp a ski jumper lands : after leaving the end of a ski ramp a ski jumper lands downhill at a point that is displaced 60.4 m horizontally from

What is the marginal expected utility of this game to you : 1. assume your utility function is the square root. if your current total wealth is 16 thousand dollars what is the

Assume the apparel industry average rate earned on total : ann taylor retail inc. sells professional womensapparel through company-owned retail stores. recent

A soccer player kicks the ball toward a goal that is 110 m : a soccer player kicks the ball toward a goal that is 11.0 m in front of him. the ball leaves his foot at a speed of

A study examines self esteem and depression in children : a study examines self esteem and depression in children using a standardized test for depression. for the general

It rises to its maximum height and then falls down to the : a golfer hits a shot to a green that is elevated 3.20 m above the point where the ball is struck. the ball leaves the

Estimate the relative odds of invasive cervical cancer for : in a study of the risk factors for invasive cervical cancer that was conducted in germany the following data were

User Account

All Pages