Use the Hamiltons Data Set to compute these profitability measures for 2014: a. Rate of return on
Question:
a. Rate of return on net sales
b. Rate of return on total assets
c. Rate of return on common stockholders equity Are these rates of return strong or weak?
Hamiltons Data Set
Hamiltons, a home- improvement store chain, reported these summarized figures (inbillions):
Transcribed Image Text:
Hamilton's Balance Sheets December 31, 2014 and 2013 ts in thousands 2013 4 5 6 7 Current assets: 8 Cash 9 Short-term investments 10 Accounts receivable 11 Inventory 12 Other current assets 13 Total current assets 14 Other non-current assets 15 Total assets 16 17 8 Current liabilities: 19 Accounts payable 20 Notes payable 21 Accrued liabilities 22 Total current liabilties 23 Long-term liabilities 24 Total liabilities 25 26 27 Common stock, no par 28 Retained eamings 29 Total stockholders' equity 30 31 Total liabilities and equity 32 2014 Assets $1,290,000800,000 260,000 293,500 4120,000 402,500 5,876,000 12,600,00011,690,000 202,000 100,000 4,650,000 503,000 ,745,000s $19345,000 17566,0 Liabilities $3150,000$ 2,985,000 657,000 38,000 3,680,000 4,214000 910,000 360,000 4420,000S3 4294,000 8714,00 7894,000 Stockholders' equity 2,505,000S 1,000,000 8672000 10,631,000S 9,672000 $ 19,345,000S 17,566,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 33% (9 reviews)
a Rate of return on net sales Net income 6597100 185 Net sales 35587500 Net Int...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Managerial Accounting questions
-
Use the Hajjar's Data Set to compute these profitability measures for 2012: a. Rate of return on net sales b. Rate of return on total assets (interest expense for 2012 was $405,820) c. Rate of return...
-
Use the Cartwright's Data Set to compute these profitability measures for 2017: Cartwright's, a home-improvement store chain, reported these summarized figures: a. Gross profit percentage b....
-
For the following diagram, compute the rate of return on the $3810 investment. 500 500 500 500 250 250 250 3810
-
For each polynomial function, find (a) (-1), (b) (2), and (c) (0). f(x)=x5x4
-
Suppose that when a grocery store has 3 cashiers working during its afternoon rush period, a customer waits 8 minutes on average to be served. If there are 5 cashiers, what is the probability a...
-
Although there is debate over the various schools of jurisprudence, not all options are of equal merit. In that the law is meant to offer protection and to guide society, not all philosophies can...
-
Rudiger is sitting at his desk in his seventh-floor corner office in the city, gazing out over London and reflecting on life. At 43, he is at the top of his game. He has everything he could wish fora...
-
Messer Company purchased equipment for $24,000. The company is considering whether t o determine annual depreciation using the straight-line method or the declining-balance method at 150 percent of...
-
Soccer Co . Soccer Co . has a group of companies operating within NSW . Payrolls for the month of August for each company are as follows: Soccer Importer $ 1 7 5 , 0 0 0 Soccer Holdings $ 1 1 8 , 0 0...
-
1. Array Subsets Given an integer array, divide the array into 2 subsets A and B while respecting the following conditions: The intersection of A and B is null. The union A and B is equal to the...
-
Refer to the Hamiltons Data Set. a. Compute the debt ratio at December 31, 2014. b. Is Hamiltons ability to pay its liabilities strong or weak? Explain your reasoning. Hamiltons Data Set Hamiltons, a...
-
Use the Hamiltons Data Set when making the following calculations: a. Compute earnings per share (EPS) for Hamiltons. The number of shares outstanding was 710,000. b. Compute Hamiltons price/...
-
Healthlabs Ltd. purchased lab equipment for $18,000 on January 1, 2016. At that time, management determined that the equipment would have a useful life of three years with no residual value and that...
-
Given the matrices in Problems 16-19, perform elementary row operations to obtain a 1 in the row 1, column 1 position. \([D]=\left[\begin{array}{rrr:r}5 & 20 & 15 & 6 \\ 7 & -5 & 3 & 2 \\ 12 & 0 & 1...
-
Table 18.3 gives some distances and commute times for a typical daily commute. Find the average speed (to the nearest mph) for the time intervals requested in Problems 1-4. Table 18. 3 \(6: 36\) to...
-
Consider the following apportionment problem: If there are to be 475 representatives, use the apportionment plan requested in Problems 56-60. HH's plan North: Northeast: East: Southeast: South:...
-
Evaluate the area function for the functions given in Problems 1-8. Let \(y=3 x\); find \(A(4)\).
-
Given the matrices in Problems 24-27, perform elementary row operations to obtain a 1 in the second row, second column without changing the entries in the first column....
-
Consider the reaction: 8 H 2 S(g) + 4 O 2 (g) 8 H 2 O(g) + S 8 (g) Complete the table. A[HS]/At A[0]/At -0.080 M/s A[HO]/At A[Ss]/At Rate
-
Rewrite the code of Figure 7.3 in Ada, Java, or C#. Figure 7.3: template class queue { item items [max_items]; int next_free, next_full, num_items; public: queue () : next_free (0), next_full(0),...
-
Draw an activity diagram for the following employee hiring process. Projects, Inc., is an engineering firm with approximately 500 engineers in different specialties. New employees are hired by the...
-
Madison Seniors Care Center is a non-profit organization that provides a variety of health services to the elderly. The center is organized into a number of departments, one of which is the...
-
Madison Seniors Care Center is a non-profit organization that provides a variety of health services to the elderly. The center is organized into a number of departments, one of which is the...
-
Madison Seniors Care Center is a non-profit organization that provides a variety of health services to the elderly. The center is organized into a number of departments, one of which is the...
-
In what ways does HR assist managers in handling employee performance issues or conflicts within their teams? What role does HR play in helping managers navigate challenges related to allegations and...
-
Define the following sets (30 points) (a) X = {(x, y) = R: y = f(x) = 3x + 3y 42} =1 (b) Y={(x, y) = R: y = f(x) = 2x + 2y 42} (c) Z = XUY (d) Prove whether or not each set defined above is convex?
-
Why is A/B testing so useful for marketing, and digital marketing in particular? Give at least two examples of A/B testing for marketing purposes. Give a null and alternative hypothesis for one of...
Study smarter with the SolutionInn App