GOME (www.GOME.com.hk) is the leading chain retailer of consumer electronic products and household appliances in China, and
Question:
Key Figure* Renminbi (RMB) in Thousands
Average assets . . . . . . . . . 28,666,299
Net income . . . . . . . . . . . . 1,048,160
Revenues . . . . . . . . . . . . . . 45,889,257
Return on assets . . . . . . . 3.7%
Required
1. Identify any concerns you have in comparing GOME’s income and revenue figures to those of Best Buy and RadioShack (in BTN 1-2) for purposes of making business decisions.
2. Identify any concerns you have in comparing GOME’s return on assets ratio to those of Best Buy and RadioShack (computed for BTN 1-2) for purposes of making business decisions.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (9 reviews)
1 GOMEs net income and revenues figures are computed using Rimini which is the currency of China In ...View the full answer
Answered By
Nicole omwa
Being a highly skilled tutor with at least 5 years of tutoring experience in different areas, I learned how to help diverse learners in writing drafts of research papers, actual research papers and locate credible sources. My assurance is built upon my varied knowledge of a variety of subjects. Furthermore, my involvement and interaction with numerous learners of all levels has allowed me to understand my clients' specific demands. Ultimately, this has aided me in being a better coach to learners to better their grades. Essentially, my responsibilities as a tutor would include:
Teaching abilities that assist pupils in enhancing their academic performance
Personal interaction with learners to make them understand abstract concepts
Inducing new skills and knowledge into their academic journeys
Fostering individual reflection, and independent and critical thinking
Editing and proofreading
Because I am constantly available to respond to your queries, you may decide to rely on me whenever you require my assistance. As an assurance, my knowledge skills and expertise enable me to quickly assist learners with different academic challenges in areas with difficulty in understanding. Ultimately, I believe that I am a reliable tutor concerned about my learner's needs and interests to solve their urgent projects. My purpose is always to assist them in comprehending abstract schoolwork and mastering their subjects. I also understand that plagiarism is a severe offense and has serious ramifications. Owing to this, I always make it a point to educate learners on the numerous strategies to have uniquely unique solutions. I am familiar with the following formatting styles:
MLA
APA
Harvard
Chicago
IEEE
Communication is always the key in every interaction with my learners. Hence, I provide timely communication about the progress of assigned projects. As a result, I make sure that I maintain excellent communication with all of my clients. I can engage with all of my customers more effectively, assisting them with their unique academic demands. Furthermore, I attempt to establish a solid working relationship with my leaners I have exceptional abilities in the below areas;
Sociology
History
Nursing
Psychology
Literature
Health and Medicine
Chemistry
Biology
Management
Marketing
Business
Earth Science
Environmental Studies
Education
Being a teacher who aces in diverse fields, I provide various academic tasks, which include;
Academic Reports
Movie Reviews
Literature Reviews
Annotated bibliographies
Lab reports
Discussion posts
Dissertations
Case study analyses
Research proposals
Argumentative Essays
I guarantee you high-quality Papers!!!!!
5.00+
17+ Reviews
32+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
GOME (www.GOME.com.hk), which is the leading chain retailer of consumer electronic products and household appliances in China, along with Best Buy and RadioShack are competitors in the global...
-
Key information from GOME (www.GOME.com.hk), which is the leading chain retailer of consumer electronic products and household appliances in China, follows. 1. Compute the accounts receivable...
-
Key financial figures for Best Buys fiscal year ended February 28, 2009, follow. Key Figure In Millions Liabilities + Equity . . . . . . . . $15,826 Net income . . . . . . . . . . . . . . 1,003...
-
a1a2 (d) Suppose a Cobb Douglass production function with two inputs and exponents inside the production function y = xx22 that are less than one. Derive the profit maximizing choices of x1, x2, andy...
-
In the past year, the Greenwood Corporation had sales of $1,200,000, fixed costs of $400,000, and total variable costs of $600,000. a. At what sales figure would Greenwood have broken even last year?...
-
You are a new employee with the Metropolis Daily Planet. The Planet offers three different retirement plans for you to choose from. Plan 1 starts the first day of work and puts $1,000 away in your...
-
Discuss the ways in which a federated system can be formed. What are the key roles of the national board and the chapter boards? How do the national staff and the chapter staff best relate to this...
-
A contractor departed from the specifications at a number of points in a contract to build a house. The cost to put the house in the condition called for by the contract was approximately $14,000....
-
How are judges, attorneys, and other judicial professionals held accountable for their conduct and decisions?
-
Play the following games in the Games Fair: Three Prize Roller Word Scramble Marble Draw Ten Spinner For each Games Fair game, answer the following questions: Create the probability distribution in a...
-
Liz Thorne works in a public accounting firm and hopes to eventually be a partner. The management of Allnet Company invites Thorne to prepare a bid to audit Allnets financial statements. In...
-
You are to interview a local business owner. (This can be a friend or relative.) Opening lines of communication with members of the business community can provide personal benefits of business...
-
For each compound in Problem 15, determine how many constitutional isomers can form upon monohalogenation. Problem 15 (a) CH3CH2CH2CH3 (b) CH3CH2CH2CH2CH3 (c) (d) CH3 ,
-
. How would you find out how customers feel about your team's work? Would the way you measure consumer relations depend on the type of customer? Consider whether you think the way you measure...
-
Mansfield Office Equipment manufactures and sells metal shelving. It began operations on January 1, 2020. (Click the icon to view the costs incurred during 2020.) (Click the icon to view the...
-
Q2. On the 10th of July 2023, ABC Company purchased land to construct a building to be used as a headquarters. The purchase price of the land was 1,000,000 KD. The company paid the following costs...
-
On the 01stof February 2022, Ms Mavis Dube (Ms Dube) was appointed to the position of Procurement Manager at Itsoseng Local Municipality in Northwest Province of South Africa following the...
-
What are some possible issues with incorporating hands-on visual or performing arts lessons and Arts assessments in the elementary curriculum? Suggest some possible solutions to these issues.
-
Some sources of natural gas contain 8% He by volume. How many liters of such a natural gas must be processed at STP to produce 5.00 g of He?
-
The first law of thermodynamics is sometimes whimsically stated as, You cant get something for nothing, and the second law as, You cant even break even. Explain how these statements could be...
-
This section looks at US recessions over the past 60 years. To work out this problem, first obtain quarterly data on US output growth for the period 1960 to the most recent data from www.bea.gov....
-
The purpose of this team activity is to ensure that each team member understands process operations and the related accounting entries. Find the activities and flows identified in Exhibit 3.4 with...
-
In process costing, the process is analyzed first and then a unit measure is computed in the form of equivalent units for direct materials, direct labor, overhead, and all three combined. The same...
-
In process costing, the process is analyzed first and then a unit measure is computed in the form of equivalent units for direct materials, direct labor, overhead, and all three combined. The same...
-
The Isberg Company just paid a dividend of $0.75 per share, and that dividend is expected to grow at a constant rate of 5.50% per year in the future. The company's beta is 1.15, the market risk...
-
What was the name of the political data analysis firm that had access to over 50 million Facebook user accounts in the 2016 election? Question 13 options: Trump Tower Oxford Suites Cambridge...
-
Branson Manufacturing has a target debt-equity ratio of .60. Its cost of equity is 13 percent, and its pretax cost of debt is 7 percent. If the tax rate is 23 percent, what is the company's WACC?...
Study smarter with the SolutionInn App