Suppose selected comparative statement data for the giant bookseller barnes & noble are presented here. all balance sheet data are as of the end of the fiscal year (in millions). 2017 2016 net sales $4,850 $5,401 cost of goods sold 3,701 3,500 net income 75 100 accounts receivable 75 110 inventory 1,150 1,250 total assets 2,950 3,250 total common stockholders’ equity 920 1,090 compute the following ratios for 2017. (round asset turnover to 2 decimal places, e. g 1.83 and all other answers to 1 decimal place, e. g. 1.8 or 2.5%) (a) profit margin % (b) asset turnover times (c) return on assets % (d) return on common stockholders’ equity % (e) gross profit rate %

Assume that the following conditions exist: a. all banks are fully loaned up- there are no excess reserves, and desired excess reserves are always zero. b. the money multiplier is 5 .     c. the planned investment schedule is such that at a 4 percent rate of interest, investment =$1450 billion. at 5 percent, investment is $1420 billion. d. the investment multiplier is 3 . e.. the initial equilibrium level of real gdp is $12 trillion. f. the equilibrium rate of interest is 4 percent now the fed engages in contractionary monetary policy. it sells $1 billion worth of bonds, which reduces the money supply, which in turn raises the market rate of interest by 1 percentage point. calculate the decrease in money supply after fed's sale of bonds: $nothing billion.

Vulcan flyovers offers scenic overflights of mount st. helens, the volcano in washington state that explosively erupted in 1982. data concerning the company’s operations in july appear below: vulcan flyovers operating data for the month ended july 31 actual results flexible budget planning budget flights (q) 56 56 54 revenue ($350.00q) $ 16,500 $ 19,600 $ 18,900 expenses: wages and salaries ($3,300 + $91.00q) 8,354 8,396 8,214 fuel ($31.00q) 1,904 1,736 1,674 airport fees ($870 + $35.00q) 2,730 2,830 2,760 aircraft depreciation ($11.00q) 616 616 594 office expenses ($240 + $1.00q) 464 296 294 total expense 14,068 13,874 13,536 net operating income $ 2,432 $ 5,726 $ 5,364 the company measures its activity in terms of flights. customers can buy individual tickets for overflights or hire an entire plane for an overflight at a discount. required: 1. prepare a flexible budget performance report for july that includes revenue and spending variances and activity variances.

Retail industry fundamentals credential exam,part 1 all answers