User Account

All Pages

Provide a brief interpretation of your results

Assignment Help Accounting Basics
Reference no: EM131146637

1. Staples, Inc. is one of the largest suppliers of office products in the United States. It had net income of $738.7 million and sales of $24,275.5 million in 2009. Its total assets were $13,073.1 million at the beginning of the year and $13,717.3 million at the end of the year. What is Staples, Inc.'s 

(a) Asset turnover ratio and 

(b) Profit margin ratio? (Round to two decimals.) Provide a brief interpretation of your results. 

Reference no: EM131146637

Questions Cloud

Selected data taken from a recent years financial statement : Selected data taken from a recent year's financial statements of trading card company Topps Company, Inc. are as follows (in millions).
Discuss the strategic implications of the value engineering : Discuss the why the manufacturing cost per unit of LiquidTight changed from 2011 to 2012. What do you believe are the primary reasons for this change in cost? 5. Discuss the strategic implications of the value engineering techniques implement at Conn..
Write brief proposal comparing the different systems : As the new HR director, you have decided to make the change to use one of these systems. Evaluate some of the systems available, choose three and write a brief proposal comparing the different systems, make a recommendation with reasons why, cost, an..
What were its average total assets : Schiller Company has stockholders' equity of $400,000 and net income of $72,000. It has a payout ratio of 18% and a return on assets ratio of 20%.
Provide a brief interpretation of your results : Staples, Inc. is one of the largest suppliers of office products in the United States. It had net income of $738.7 million and sales of $24,275.5 million in 2009.
Analyze the legal factors for the potential claim : Based upon the scenario, does the employee have a legally viable claim for quid pro quo sexual harassment and/or hostile environment sexual harassment? What is the likely outcome? Analyze the legal factors for the potential claim(s) in the context..
What are the advantages and disadvantages of using this type : Wheel has just paid a dividend of $2.50 per share. The dividends are expected to grow at a constant rate of six percent per year forever. If the stock is currently selling for $50 per share with a 10% flotation cost, what is the cost of new equity fo..
What conclusions concerning the management of the inventory : Days in inventory. What conclusions concerning the management of the inventory can be drawn from these data?
Determine the frequency of the alternating current : determine the frequency of the alternating current that induces a stress in the specimen that is twice the amount generated by the magnets.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Good internal controls are essential for effective and

good internal controls are essential for effective and efficient operations of an enterprise. the downside is excessive

  At dec 312010 had 7000 shares of cs issued and oustanding

at dec. 312010 had 7000 shares of cs issued and oustanding. april 12011 an additional 1000 shares of cs were issued and

  The credit purchase of a delivery truck for 4700 was

the credit purchase of a delivery truck for 4700 was recorded to delivery trucks as a 4700 debit and to accounts

  Plant properties and equipment are stated at cost less

plant properties and equipment are stated at cost less accumulated depreciation. expenditures for betterments are

  Feng company installs a computerized manufacturing machine

feng company installs a computerized manufacturing machine in its factory on 0101 at a cost of 42300. the machines

  What standards apply to each service

An example of each type of service Who might request such a service? What standards apply to each service and who establishes those standards?

  Setterstrom company established a petty cash fund

Setterstrom Company established a petty cash fund on May 1, cashing a check for $120.00. The company reimbursed the fund on June 1 and July 1 with the following results.

  Circle k furniture has a contribution margin ratio of 16

circle k furniture has a contribution margin ratio of 16. if fixed costs are 176800 how many dollars of revenue must

  Company pending litigation

The following facts apply to TinyPart Toy Company's pending litigation as of December 31, 2011:

  What is pretax income from continuing operations

P purchased a machine on January 1, 2011 for $43625. At the time of purchase, the machine was expected to have a useful life of 21 years and a residual value of $1745. P uses straight-line depreciation.

  What is the unit conversion cost for may

What is the unit conversion cost for May? (Round unit costs to 2 decimal places, e.g. 2.25.) The unit conversion cost for May $

  Trade-in allowance on the purchase

The old used truck cost $4,800 and on March 31, the end of the quarter, had depreciated $3,180 straight-line depreciation on the old truck is $80 per month. The new truck listed for $ 18,950 and wumbaugh Auto Sales allowed a $2,825 trade-in allowa..

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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