subject
Business, 12.02.2020 00:02 WowOK417

The 2017 Annual Report of Tootsie Roll Industries contains the following information.

(in millions)

December 31, 2017

December 31, 2016

Total assets

$930.9 $920.1
Total liabilities

197.1
208.6
Net sales

515.7
517.4
Net income

80.7 67.2

Compute the following ratios for Tootsie Roll for 2017.

(a)
Asset turnover (Round answer to 3 decimal places, e. g. 0.851 times.)

enter the asset turnover rounded to 4 decimal places

times
(b)
Return on assets (Round answer to 2 decimal places, e. g. 4.87%.)

enter the return on assets in percentages rounded to 2 decimal places

%
(c)
Profit margin on sales (Round answer to 2 decimal places, e. g. 4.87%.)

enter the profit margin on sales in percentages rounded to 3 decimal places

%

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 11:10
Which feature is a characteristic of a corporation?
Answers: 1
question
Business, 23.06.2019 02:00
People-focused workplace (connect, perform) organizations are undergoing changes in response to more people-driven workforces. use your knowledge of bossless workplaces to identify each of he following characteristics as either a challenge or benefit to this new style of workplace. resource allocation decision making training costs
Answers: 2
question
Business, 23.06.2019 04:00
Match the different taxes to the levels at which these taxes are levied on consumers and businesses national level/ national and local levels 1.sales tax 2.income tax 3.payroll tax 4.social security tax 4.property tax
Answers: 1
question
Business, 23.06.2019 09:30
When gathering information about certain occupations, be sure to understand how you are paid. what is the difference between a salary and an hourly wage?
Answers: 2
You know the right answer?
The 2017 Annual Report of Tootsie Roll Industries contains the following information.

(i...
Questions
question
Chemistry, 20.12.2021 23:50
question
World Languages, 20.12.2021 23:50
question
Mathematics, 20.12.2021 23:50
question
Mathematics, 20.12.2021 23:50
question
Physics, 20.12.2021 23:50
Questions on the website: 13722363