Question: please answer in the excel sheet format provided in the first picture and include formulas to help learn how to do! RETURN ON ASSETS SPREADSHEET

please answer in the excel sheet format provided in the first picture and include formulas to help learn how to do!  please answer in the excel sheet format provided in the first
picture and include formulas to help learn how to do! RETURN ON
ASSETS SPREADSHEET SCMN 3710 - LOGISTICS (All dollar figures are in millions)

RETURN ON ASSETS SPREADSHEET SCMN 3710 - LOGISTICS (All dollar figures are in millions) BASE CASE 10% Inventory 20% Inventory Sales (\$) cogs($) Gross Profit (\$) \begin{tabular}{|ll|} \hline$ & 96,250 \\ \hline$ & 64,194 \\ \hline \end{tabular} Variable OH Expenses (\$) Fixed OH Expenses (\$) Total Overhead (\$) Inventory (\$) Net A/R (\$) Cash on Hand (\$) Other Current Assets (\$) Total Current Assets (\$) \begin{tabular}{|lc|} \hline$ & 17,605 \\ \hline$ & \\ \hline$ & 1,133 \\ \hline$ & 1,322 \\ \hline & \\ \hline \end{tabular} \begin{tabular}{|} \hline \\ \hline \\ \hline \\ \hline \\ \hline \end{tabular} \begin{tabular}{|} \hline \\ \hline \\ \hline \\ \hline \end{tabular} Total Current Assets (\$) Fixed Assets (\$) Total Assets (\$) Gross Profit (\$) Total OH Cost (\$) Interest (\$) Taxes (\$) Net Income (\$) \begin{tabular}{|lr|} \hline \\ \hline & \\ \hline$ & 885 \\ \hline$ & 2,766 \\ \hline \end{tabular} Net Income (\$) Total Sales (\$) Profit Margin (\%) Total Sales (\$) Total Assets (\$) Asset Turnover (\%) Net Income (\$) Total Assets (\$) Return on Assets (\%) Inventory Turns Sales=$96,250TotalOverheadExpenses=$19,963InventoryonHand=$17,605Cash-on-Hand=$1,133FixedAssets=$24,580Interest=$885CostofGoodsSold=$64,194(40%Variable,60%Fixed)NetAccountsReceivable=$0OtherCurrentAssets=$1,322InventoryCarryingCosts=20%/yearTaxes=$2,766 Note: Data from Lowe's Annual Report dated 1/28/2022. All dollar figures are in millions. 1. Populate the spreadsheet template, calculating Net Income \$, Profit Margin %, Asset Turnover \%, Return on Assets \%, and Inventory Turns. Assume the average inventory for the year is equal to the inventory on-hand. 2. Recalculate metrics based on a 10% reduction in inventory. Assume that all inventory carrying cost reductions come out of variable OH expenses. Assume Interest \& Taxes do not change. 3. Recalculate metrics based on a 20% reduction in inventory. Assume that all inventory carrying cost reductions come out of variable OH expenses. Assume Interest \& Taxes do not change. BUSINESS FINANCIAL MODEL RETURN ON ASSETS SPREADSHEET SCMN 3710 - LOGISTICS (All dollar figures are in millions) BASE CASE 10% Inventory 20% Inventory Sales (\$) cogs($) Gross Profit (\$) \begin{tabular}{|ll|} \hline$ & 96,250 \\ \hline$ & 64,194 \\ \hline \end{tabular} Variable OH Expenses (\$) Fixed OH Expenses (\$) Total Overhead (\$) Inventory (\$) Net A/R (\$) Cash on Hand (\$) Other Current Assets (\$) Total Current Assets (\$) \begin{tabular}{|lc|} \hline$ & 17,605 \\ \hline$ & \\ \hline$ & 1,133 \\ \hline$ & 1,322 \\ \hline & \\ \hline \end{tabular} \begin{tabular}{|} \hline \\ \hline \\ \hline \\ \hline \\ \hline \end{tabular} \begin{tabular}{|} \hline \\ \hline \\ \hline \\ \hline \end{tabular} Total Current Assets (\$) Fixed Assets (\$) Total Assets (\$) Gross Profit (\$) Total OH Cost (\$) Interest (\$) Taxes (\$) Net Income (\$) \begin{tabular}{|lr|} \hline \\ \hline & \\ \hline$ & 885 \\ \hline$ & 2,766 \\ \hline \end{tabular} Net Income (\$) Total Sales (\$) Profit Margin (\%) Total Sales (\$) Total Assets (\$) Asset Turnover (\%) Net Income (\$) Total Assets (\$) Return on Assets (\%) Inventory Turns Sales=$96,250TotalOverheadExpenses=$19,963InventoryonHand=$17,605Cash-on-Hand=$1,133FixedAssets=$24,580Interest=$885CostofGoodsSold=$64,194(40%Variable,60%Fixed)NetAccountsReceivable=$0OtherCurrentAssets=$1,322InventoryCarryingCosts=20%/yearTaxes=$2,766 Note: Data from Lowe's Annual Report dated 1/28/2022. All dollar figures are in millions. 1. Populate the spreadsheet template, calculating Net Income \$, Profit Margin %, Asset Turnover \%, Return on Assets \%, and Inventory Turns. Assume the average inventory for the year is equal to the inventory on-hand. 2. Recalculate metrics based on a 10% reduction in inventory. Assume that all inventory carrying cost reductions come out of variable OH expenses. Assume Interest \& Taxes do not change. 3. Recalculate metrics based on a 20% reduction in inventory. Assume that all inventory carrying cost reductions come out of variable OH expenses. Assume Interest \& Taxes do not change. BUSINESS FINANCIAL MODEL

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