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Suppose the years 2005 to 2009 were a period of rapid growth for a certain chain of coffeehouses and the company's revenues grew by more
Suppose the years 2005 to 2009 were a period of rapid growth for a certain chain of coffeehouses and the company's revenues grew by more than 50% during that period. Use the hypothetical financial data for the company to answer the questions. Selected Financial Data (In millions, except earnings per share) As of and for the fiscal year ended Sept. 27, 2009 (52 wks) Sept. 28, 2008 (52 wks) Sept. 30, 2007 (52 wks) Oct. 1, 2006 (52 wks) Oct. 2, 2005 (52 wks) Results
data for the company to answer the questions. (a) Calculate the asset turnover ratio for 2008 and 2009. (Round your answers to two decimal places.) 20082009 (b) Calculate the net profit margin (as a \%) for 2007, 2008, and 2009. (Round your answers to the nearest tenth of a percent.) 200720082009%%% (c) Calculate the return on investment (as a \%) for 2007,2008 , and 2009. (Round your answers to the nearest tenth of a percent.) 2007 \% (a) Calculate the asset turnover ratio for 2008 and 2009. (Round your answers to two decimal places.) 20082009 (b) Calculate the net profit margin (as a \%) for 2007, 2008, and 2009. (Round your answers to the nearest tenth of a percent.) 200720082009%%% (c) Calculate the return on investment (as a \%) for 2007, 2008, and 2009. (Round your answers to the nearest tenth of a percent.) 200720082009%%%Step by Step Solution
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