Use the Hamiltons Data Set to compute these profitability measures for 2014: a. Rate of return on
Question:
a. Rate of return on net sales
b. Rate of return on total assets
c. Rate of return on common stockholders equity Are these rates of return strong or weak?
Hamiltons Data Set
Hamiltons, a home- improvement store chain, reported these summarized figures (inbillions):
Transcribed Image Text:
Hamilton's Balance Sheets December 31, 2014 and 2013 ts in thousands 2013 4 5 6 7 Current assets: 8 Cash 9 Short-term investments 10 Accounts receivable 11 Inventory 12 Other current assets 13 Total current assets 14 Other non-current assets 15 Total assets 16 17 8 Current liabilities: 19 Accounts payable 20 Notes payable 21 Accrued liabilities 22 Total current liabilties 23 Long-term liabilities 24 Total liabilities 25 26 27 Common stock, no par 28 Retained eamings 29 Total stockholders' equity 30 31 Total liabilities and equity 32 2014 Assets $1,290,000800,000 260,000 293,500 4120,000 402,500 5,876,000 12,600,00011,690,000 202,000 100,000 4,650,000 503,000 ,745,000s $19345,000 17566,0 Liabilities $3150,000$ 2,985,000 657,000 38,000 3,680,000 4,214000 910,000 360,000 4420,000S3 4294,000 8714,00 7894,000 Stockholders' equity 2,505,000S 1,000,000 8672000 10,631,000S 9,672000 $ 19,345,000S 17,566,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 33% (9 reviews)
a Rate of return on net sales Net income 6597100 185 Net sales 35587500 Net Int...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Managerial Accounting questions
-
Use the Hajjar's Data Set to compute these profitability measures for 2012: a. Rate of return on net sales b. Rate of return on total assets (interest expense for 2012 was $405,820) c. Rate of return...
-
Use the Cartwright's Data Set to compute these profitability measures for 2017: Cartwright's, a home-improvement store chain, reported these summarized figures: a. Gross profit percentage b....
-
For the following diagram, compute the rate of return on the $3810 investment. 500 500 500 500 250 250 250 3810
-
For each polynomial function, find (a) (-1), (b) (2), and (c) (0). f(x)=x5x4
-
Suppose that when a grocery store has 3 cashiers working during its afternoon rush period, a customer waits 8 minutes on average to be served. If there are 5 cashiers, what is the probability a...
-
Produce three or four histograms of the daily returns for NFLX for the first calendar quarter 2018, using different bin widths of your choice. Which bin width seems best?
-
Assume that Henson Corporations comparative balance sheet reported these amounts: Requirement 1. Assume that on January 2, 2010, Henson sold 1/10 of its plant and equipment for $75,500 in cash....
-
The museum was located in a large city block containing a variety of stores. in late July 1992, a fire that started in one of these stores burned the entire block, including the museum. Fortunately,...
-
The following is an article outlining the challenge of Canada's food waste in the hospitality industry. Please read this article and research a topic related to food waste in Hospitality. Your team...
-
Machine Builders Inc. adopted a standard cost system several years ago that it uses in conjunction with its process cost system. The per-unit standard costs for direct materials and direct labor for...
-
Refer to the Hamiltons Data Set. a. Compute the debt ratio at December 31, 2014. b. Is Hamiltons ability to pay its liabilities strong or weak? Explain your reasoning. Hamiltons Data Set Hamiltons, a...
-
Use the Hamiltons Data Set when making the following calculations: a. Compute earnings per share (EPS) for Hamiltons. The number of shares outstanding was 710,000. b. Compute Hamiltons price/...
-
Over a 40-year period an asset had an arithmetic return of 11.7 percent and a geometric return of 9.6 percent. Using Blumes formula, what is your best estimate of the future annual returns over 5...
-
Suppose that in the past, Canada and the United States were involved in a trade agreement whereby US softwood lumber consumers were able to purchase Canadian produced lumber. The initial demand and...
-
Before starting EM7.1, verify that QBO Inventory Tracking is turned on. Go to Gear icon > Account and Settings > Sales > Products and Services > Track quantity and price/rate On > Track inventory...
-
A resident individual has the following capital gains and losses for the year: Discount capital gain (before discount applied) $10,000 Capital loss $2,000 Carried-forward net capital loss of prior...
-
Emily Jackson (Social Security number 765-12-4326) and James Stewart (Social Security number 466-74-9932) are partners in a partnership that owns and operates a barber shop. The partnership's first...
-
Ch. 21 - Final Exam > Pg. 4- Course Final Exam GET $25 Colibri Real Estate X A large piece of ground is developed with lights, streets, and sewers. The subdivider wants to get it ready for building....
-
How are sulfide ore deposits formed near midocean ridges?
-
Rewrite the code of Figure 7.3 in Ada, Java, or C#. Figure 7.3: template class queue { item items [max_items]; int next_free, next_full, num_items; public: queue () : next_free (0), next_full(0),...
-
Draw an activity diagram for the following employee hiring process. Projects, Inc., is an engineering firm with approximately 500 engineers in different specialties. New employees are hired by the...
-
Madison Seniors Care Center is a non-profit organization that provides a variety of health services to the elderly. The center is organized into a number of departments, one of which is the...
-
Madison Seniors Care Center is a non-profit organization that provides a variety of health services to the elderly. The center is organized into a number of departments, one of which is the...
-
Madison Seniors Care Center is a non-profit organization that provides a variety of health services to the elderly. The center is organized into a number of departments, one of which is the...
-
You are planning to invest in fine wine. Each case costs $100 (at time 0), and you know from experience that the (future) value of a case of wine held fort years is100 * t^(1/2)fort1. (Suppose that...
-
(b) Ntow Ltd prepared the following estimated figures for its Manufacturing Division for the four months ending 31st March 2019: Month Production in units Cost () January 14,000 220,000 February...
-
Suppose you short-sell a $100m 10-year on-the-run par treasury and buy an $100m 10-year off-the-run par treasury to earn the yield spread in late 1997. At the time, the rates on these bonds were...
Study smarter with the SolutionInn App