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b roa will increase or decrease ITR will infrease or decrese? C have or have not? 5 Acme Industrials, Inc. is a conglomerate with interests

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b roa will increase or decrease
ITR will infrease or decrese?
C have or have not?
5 Acme Industrials, Inc. is a conglomerate with interests in mining, heavy equipment and construction Excerpted portions of three years of its financial statements are below Income Statement (all numbers in thousands) 2018 2017 2016 Total Revenue 690000 760000 840000 Cost of Goods Sold 483000 532000 588000 Gross Profit 207000 228000 252000 Net Income -13800 60800 67200 DOK Balance Sheet (all numbers in thousands) 2018 Net Receivables 1449000 Inventory 414000 Total Assets 3450000 2017 2006400 418000 4180000 2016 2010960 478800 4788000 ences Accounts Payable Total Liabilities 621000 3105000 961400 3845600 948024 4309200 a. Use the information in the table above to compute supply chain metrics for Acme's most recent two years. Notes: 1. Computing average' values requires two time periods of data, the beginning of a period and the end of a period. Annual reports provide the end-of-year number for that year. To get the beginning of year data, use the prior year's end-of-year number 2. Round ROA to 3 decimals. Round ITR to 2 decimals. 3. Enter all responses in decimal formatie. enter-0.12 or 0.12 2017 Metric 2018 Return on assets (ROA) Inventory turnover ratio OTR) b. What direction should each metric move from 2017 to 2018, to indicate Improvement in supply chain ROI? ROA Will (Click to select) ITR will (Click to select) c. Overall, Acme's metrics (Click to select) improved from 2017 to 2018

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