Calculate nucors roa

Assignment Help Accounting Basics
Reference no: EM132461752

Nucor Corporation produces steel and steel products at its eight mills and is a major recycler of scrap metal. The following data relate to Nucor for four years.

Nucor Corporation($ in millions)         2011              2012           2013             2014

Total assets                                  $14,570.4       $14,152.1     $15,203.3    $15,615.9

Common stockholders' equity             7,706.6          7,885.4         7,910.3      8,075.1

Total debt                                      4,282.0          3,660.1          4,409.9      4,584.4

Sales                                                               19,429.3       19,052.0          21,105.1

Net income                                                          593.1           585.5              815.8

Interest expense                                                  162.4           146.9               169.3

Income tax rate                                                    0.37           0.37                  0.37

Question 1: Calculate Nucor's ROA for 2012, 2013, and 2014. Decompose ROA into operating profit margin and asset turnover components.

Reference no: EM132461752

Questions Cloud

Discuss how you obtain statistical data : Discuss how you obtain statistical data, how statistical knowledge is used in day-to-day operations and how you apply it or use
Second data set represents the after earbuds : For the context of this problem, µD = µbefore-µafter where the first data set represents before earbuds and the second data set represents the after earbuds.
Devise a strategy to implement enterprisewide systems : What evidence is the CEO using to suggest that Genex is not using technology competitively? Devise a strategy to successfully implement enterprisewide systems.
Recalculate the NPV, IRR, and Payback : Assume your cash savings is 10% lower than the projected $2.46 million. Recalculate the NPV, IRR, and Payback
Calculate nucors roa : Calculate Nucor's ROA for 2012, 2013, and 2014. Decompose ROA into operating profit margin and asset turnover components.
How would you achieve coverage from a supplier : In 80 words or more, if you owned a company and you had to have a level of coverage from a supplier. How would you achieve this? Would you create an SLA.
Define the role of data analytics in addressing the problem : Provide a brief summary that includes the business problem, the type of study, its purpose, and its final conclusion. Discuss the role of data analytics in.
Define classification methods-decision trees and naive bayes : Define the below two classification methods: The decision trees and Naive Bayes. Elaborate on the theories behind these classifiers. Which one of these.
What other tools and techniques are available to manage risk : Discuss Besides risk maps and value maps, what other tools and techniques are available to manage risk and make risk-informed decisions?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Government and not-for-profit accounting

Write a one-page Memo (double-spaced) to a non-financial audience in which you explain how increasing scrutiny (careful examination) and demand for accountability by the public has impacted reporting for not-for-profit and governmental entities.

  Prepare arturos journal entry to record its acquisition

Arturo Company pays $4,000,000 cash and issues 20,000 shares. Prepare Arturos journal entry to record its acquisition of Westmont

  Awesome audio works inc warrants its products for one year

awesome audio works inc. warrants its products for one year. the estimated product warranty is 2 of sales. assume that

  Compute the company debt to assets ratio

Cabo Company has $1,000,000 in assets and $1,000,000 in stockholders' equity, with 40,000 shares outstanding the entire year.

  Cyclone rentals borrowed 15550 from a bank for three years

cyclone rentals borrowed 15550 from a bank for three years. if the quoted rate apr is 8.83 percent and the compounding

  Pizza company demand analysis

The Pizza Company is considering entering the marketplace in your community. Use the information from "The Pizza Company Data" worksheet, located in Week 3 (attachment)  of your course shell, to complete this assignment.

  Discuss your beliefs on ethics and social responsibility in

discuss your beliefs on ethics and social responsibility in the work place. be sure to define each and give examples of

  Calculate the estimated cash receipts for september

Based on past experience, it is estimated that 30% of a month's sales are collected in the month of sale, Calculate the estimated cash receipts for September

  What is the accounts receivable balance reported

Gemmex follows an accrual accounting system. What is the Accounts Receivable balance reported in the Statement of Financial Position on July 31

  In the current year alice reports 150000 of salary income

in the current year alice reports 150000 of salary income 20000 of income from activity x 35000 and 15000 losses from

  Determine the annual and total depreciation

Question - Decision-Making Across the Organization. Determine the annual and total depreciation recorded by each company during the 3 years

  What is the purpose of the post-closing trial balance

What general characteristic shared by these companies explains why they do not have fiscal years ending December 31?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd