4:097 | LTE |
The table below contains the Return on Assets (ROA) and the growth in sales for two
publicly traded hospitality firms - one restaurant and the other a hotel. Compute the
means and standard deviations of the ROA and sales growth. Based on the volatility of
the ROA and growth rate, identify which of the firms is the hotel and which one is the
restaurant. Justify your choice.
Date
Firm A
Firm B
ROA
Sales Growth
ROA
Sales Growth
12/31/2019
5%
1%
13%
0%
12/31/2018
8%
.994
18%
-8%
12/31/2017
6%
34%
15%
-7%
12/31/2016
3%
18%
15%
-3%
12/31/2015
14%
5%
12%
-7%
12/31/2014
11%
8%
14%
-2%
12/31/2013
9%
8%
15%
2%
12/28/2012
9%
.4%
15%
2%
12/30/2011
3%
5%
17%
12%
12/31/2010
7%
15%
6%

Keshawn used to work for an it company in baltimore, but lost his job when his company decided to use workers in new delhi instead. this is an example of:

Instructions: use the following information to construct the 2000 balance sheet and income statement for carolina business machines. round all numbers to the nearest whole dollar. all numbers are in thousands of dollars. be sure to read the whole problem before you jump in and get started. at the end of 1999 the firm had $43,000 in gross fixed assets. in 2000 they purchased an additional $14,000 of fixed asset equipment. accumulated depreciation at the end of 1999 was $21,000. the depreciation expense in 2000 is $4,620. at the end of 2000 the firm had $3,000 in cash and $3,000 in accounts payable. in 2000 the firm extended a total of $9,000 in credit to a number of their customers in the form of accounts receivable. the firm generated $60,000 in sales revenue in 2000. their cost of goods sold was 60 percent of sales. they also incurred salaries and wages expense of $10,000. to date the firm has $1,000 in accrued salaries and wages. they borrowed $10,000 from their local bank to finance the $15,000 in inventory they now have on hand. the firm also has $7,120 invested in marketable securities. the firm currently has $20,000 in long-term debt outstanding and paid $2,000 in interest on their outstanding debt. over the firm's life, shareholders have put up $30,000. eighty percent of the shareholder's funds are in the form of retained earnings. the par value per share of carolina business machines stock is

Best burger is a major fast food chain. its managers are motivated to grow the firm in order to increase their market power and change the industry structure in their favor. which of the following strategies is most associated with their motive for growth? a. employing celebrity spokespeople b. implementing automated burger-making machinery c. purchasing competitors d. increasing executive salaries