Shown below is selected information from the financial statements of Supreme Company Dollar amounts are in millions (except for the per share data). Income statement information: Net sales $ 1,410 Cost of goods sold $ 565 Operating expenses $ 485 Net income $ 480 Balance sheet information: Average total equity $ 3,300 Average total assets $ 4,900 Supreme reported earnings per share for the year of $4 and paid cash dividends of $1 per share. At year-end, the Wall Street Journal listed Supreme's capital stock as trading at $97 per share. Supreme's gross profit rate was:
Answers: 1
Business, 21.06.2019 18:20
Elon musk is the ceo of tesla motors. musk also serves as chairman of tesla's board. according to corporate governance theory, which of the following is a logical reason why musk should serve on the board? 1. he serves on many other boards, including that of a major client of tesla.2. his is an independent director who is well positioned to monitor the company's management.3. he can easily fire board members that are shirking their duties.4. he can provide the board with valuable inside information about the firm and the industry.
Answers: 1
Business, 22.06.2019 18:50
)a business incurs the following costs per unit: labor $125/unit, materials $45/unit, and rent $250,000/month. if the firm produces 1,000,000 units a month, calculate the following: a. total variable costs b. total fixed costs c. total costs
Answers: 1
Business, 22.06.2019 20:10
Quick computing currently sells 12 million computer chips each year at a price of $19 per chip. it is about to introduce a new chip, and it forecasts annual sales of 22 million of these improved chips at a price of $24 each. however, demand for the old chip will decrease, and sales of the old chip are expected to fall to 6 million per year. the old chips cost $10 each to manufacture, and the new ones will cost $14 each. what is the proper cash flow to use to evaluate the present value of the introduction of the new chip? (enter your answer in millions.)
Answers: 1
Business, 22.06.2019 21:40
Which of the following comes after a period of recession in the business cycle? a. stagflation b. a drought c. a boom d. recovery
Answers: 1
Shown below is selected information from the financial statements of Supreme Company Dollar amounts...
Mathematics, 16.09.2020 06:01
Mathematics, 16.09.2020 06:01
Mathematics, 16.09.2020 06:01
Mathematics, 16.09.2020 06:01
Physics, 16.09.2020 06:01
English, 16.09.2020 06:01
Mathematics, 16.09.2020 06:01
History, 16.09.2020 06:01
Mathematics, 16.09.2020 06:01
Mathematics, 16.09.2020 06:01
Mathematics, 16.09.2020 06:01
Health, 16.09.2020 06:01
Mathematics, 16.09.2020 06:01
Mathematics, 16.09.2020 06:01
Mathematics, 16.09.2020 06:01
Social Studies, 16.09.2020 06:01
Mathematics, 16.09.2020 06:01
Mathematics, 16.09.2020 06:01
Mathematics, 16.09.2020 06:01
Mathematics, 16.09.2020 06:01