What was its operating profit margin

Assignment Help Financial Management

Reference no: EM131983377

1. In 2014 Electric Autos had sales of $180 million and assets at the start of the year of $310 million. If its return on start-of-year assets was 10%, what was its operating profit margin? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

2. Your aunt won the lottery and needs your help in deciding which payout she should take. Your aunt has the choice of either $15,000,000 today or a 20-year annuity of $1,050,000, with the first payment coming one year from today. Assuming the appropriate interest rate is 8 percent, which payout option do you advise your aunt to take?

Reference no: EM131983377

Questions Cloud

How abc model aligns with the current goals : HI5017 Managerial Accounting - You are required to prepare a report to recommend about ABC model for your company - An identification of the company's mission

Difference between actual and expected return : For example, what is return? What is the difference between actual and expected return?

What is the after-tax-real rate of return from owning bond : It is now one year later and the inflation rate for the year was 2.1%. As a result, what is the after-tax, real rate of return from owning the bond?

Determining the constant growth : McCracken? Roofing, Inc., common stock paid a dividend of ?$1.08 per share last year. The company expects earnings and dividends to grow

What was its operating profit margin : In 2014 Electric Autos had sales of $180 million and assets at the start of the year of $310 million. what was its operating profit margin?

What types of characteristics do you anticipate : Case - School of Rock: Filling a Gap in Music Education and Growing Via Franchising. What types of characteristics do you anticipate School of Rock looks

How many shares would the company have had to issue : How many shares would the company have had to issue to avoid having a decrease in cash during the year?

Economic model to evaluate alternative monetary policies : What are ways the Fed’s objective function can be used with an economic model to evaluate alternative monetary policies.

What is your firms tax expense : HI5020 Corporate Accounting - What is your firms tax expense in its latest financial statements and Explain your understanding of each item reported

User Account

All Pages