Exercise 9-15 suppose during 2017 that federal express reported the following information (in millions): net sales of $34,850 and net income of $97. its balance sheet also showed total assets at the beginning of the year of $24,670 and total assets at the end of the year of $23,300. calculate the asset turnover and return on assets. (round answers to 2 decimal places, e. g. 6.25 or 17.54%.) asset turnover enter the asset turnover rounded to 2 decimal places times return on assets enter the return on assets in percentages rounded to 2 decimal places %

Acompany that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed to produce the shopping carts. prior to buying the new equipment, the company used 6 workers, who produced an average of 79 carts per hour. workers receive $16 per hour, and machine coast was $49 per hour. with the new equipment, it was possible to transfer one of the workers to another department, and equipment cost increased by $11 per hour while output increased by four carts per hour. a) compute the multifactor productivity (mfp) (labor plus equipment) under the prior to buying the new equipment. the mfp (carts/$) = (round to 4 decimal places). b) compute the productivity changes between the prior to and after buying the new equipment. the productivity growth = % (round to 2 decimal places)

Increases in output and increases in the inflation rate have been linked to

If an investment has 35 percent more nondiversifiable risk than the market portfolio, its beta will be: