Consider the following balance sheet and income statement for Yum! Brands Inc. (the company that operates Kentucky
Question:
Required
Calculate the following ratios for Yum! Brands in 2015 and 2016. Round your calculations to 1 decimal place.
1. Gross margin percent.
2. Return on assets (ROA).
3. Return on equity (ROE).
Transcribed Image Text:
Yum! Brands Inc. Balance Sheet 2016 2015 2014 $ 313 Cash and short-term Investments 704 673 Accounts receivable 370 324 380 Inventory 36 40 301 Other current assets 372 1,010 292 Long-lived assets 3,996 5,478 $ 1,369 11,134 6,374 8,061 $ 3,087 6,704 8,350 $ 2,410 Total assets Current liabilities Total liabilities 7,086 6,730 Noncontrolling interest Shareholders' equity Total liabilities and equity 64 10 1,610 $ 8,350 (5,656) $ 5,478 911 $ 8,061 Income Statement $ 6,366 3,498 $ 2,868 $ 1,625 $ 6,440 3,647 $ 2,793 $ 1,402 141 $ 6,587 3,870 $ 2,717 $ 1,517 Sales Cost of sales Gross margin Earnings before interest and taxes Interest 307 143 368 Тахes 324 325 Income from discontinued operations 625 357 45 $ 1,619 $ 1,293 $ 1,051 Net income 2$ 4.11 Share price Earnings per share Number of outstanding shares (millions) 63 53 52 2.97 420 2.37 355 444 Cash Flows $ 1,204 $ 1,213 461 $ 1,217 Cash flow from operations Capital expenditures Dividends 422 508 669 744 730
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2016 2015 1 Gross margin percentage 451 28686366 434 27936440 2 ...View the full answer
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Related Book For
Cost Management A Strategic Emphasis
ISBN: 9781259917028
8th Edition
Authors: Edward Blocher, David F. Stout, Paul Juras, Steven Smith
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