Use the following data taken from Boston Scientific Corporations (ticker symbol BSX) annual financial report filed with
Question:
Calculate BSXs ROA for 20X1 [express the ROA as 3 decimal digits rather than as a percentage, so 0.123 not 12.3%. Dont round so both 0.1236 and 0.1234 should be 0.123] ROA:
(a) Name of ratio: Calculated value of ratio:
(b) Name of ratio: Calculated value ofratio:
Transcribed Image Text:
20x1 20x0 Balance sheet for the year ending 1231 1 12 31 X021/12 Current assets Liabilities & equity: Current liabilities Long-term liabilities Equity Total liabilities equity 4.061 5,452 3.022 9,854 14,199 27,075 3,233 10,732 13,174 27,139 partial income statement for the year Revenue Gross profit Net income 8.188 5.612 1,025 8,050 5,581 2,036
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 53% (13 reviews)
ROA Net IncomeTotal Assets 102527075 0038 or 38 Du Pont analysis analyzes the ROA into two m...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Vector Mechanics for Engineers Statics and Dynamics
ISBN: 978-0073398242
11th edition
Authors: Ferdinand Beer, E. Russell Johnston Jr., David Mazurek, Phillip Cornwell, Brian Self
Question Posted:
Students also viewed these Finance questions
-
Use the following data to construct 90% and 95% confidence intervals to estimate the population variance. Assume the data come from a normally distributedpopulation. 212 229 217 216 223 219 208 214...
-
Use the following data to construct a 99% confidence interval to estimate D. Assume the differences are normally distributed in thepopulation. Respondent BeforeAfter 47 53 38 50 39 27 63 35 36 56 6...
-
Use the following data to construct a 99% confidence interval to estimate p1 - p2. Sample 1 ... Sample 2 n1 = 409 ... n2 = 378 p1 = .71 ... p2 = .67
-
A stock is trading at $70. You believe there is a 70% chance the price of the stock will increase by 10% over the next 3 months. You believe there is a 10% chance the stock will drop by 10%, and you...
-
One way to reduce the free-convection heat loss in a horizontal solar collector is to reduce the pressure in the space separating the glass admitting the solar energy and the black absorber below....
-
On January 1, 2018, the Excel Delivery Company purchased a delivery van for $33,000. At the end of its five-year service life, it is estimated that the van will be worth $3,000. During the five-year...
-
Which of the following is not one of the FASBs initiatives to converge with IASB standards? LO4 a. The FASB eliminates differences between FASB and IASB standards by adopting IASB require ments, or...
-
On December 1, 2014, Fullerton Company had the following account balances. During December, the company completed the following transactions. Dec. 7 Received $3,600 cash from customers in payment of...
-
Required information Skip to question [ The following information applies to the questions displayed below. ] Moab Incorporated manufactures and distributes high - tech biking gadgets. It has decided...
-
Examine Lenovo in terms of the integration-responsiveness framework. What are the pressures that Lenovo faces for local responsiveness? What are the pressures that Lenovo faces for global...
-
The accompanying data are the times (in seconds) that it took a sample of employees to assemble a toy truck at a Cole Industries assembly plant. Assembly times are normally distributed. At the 10%...
-
Refer to Note 1. Segmental Information on page 16 of Air New Zealand 2012 Annual Report. In what geographical segments did Air New Zealand operate in 2012? Briefly explain how investors and analysts...
-
Hibo Ahmed has provided the following trial balance extracted from her books of account: Additional information at 31 May 20*8 Stock was valued at 13,106. Wages owing 814. Insurance paid in...
-
Listed in the accompanying table are waiting times (seconds) of observed cars at a Delaware inspection station. The data from two waiting lines are real observations, and the data from the sir line...
-
Franklin Prepared Foods (FPF) sells three varieties of microwaveable meals with the following prices and costs: Variable Cost Fixed Cost per Meat Fish Vegetarian Entire firm Selling Price per Case: $...
-
Isabella is a 14-year-old Hispanic bisexual female who has come into the Department of Child Safety (DCS) care due to neglect. Isabella's mother, Martina, is 35 years old, a single mother, has an...
-
Jeff is able to ride a bicycle although he hasn't ridden one for a few years, thanks to his: ( A ) procedural memory ( B ) episodic memory C ) semantic memory ( D ) cognitive memory
-
1. Allen Young has always been proud of his personal investment strategies and has done very well over the past several years. He invests primarily in the stock market. Over the past several months,...
-
Financing and exchange rate risk. How can a UK firm finance in euros and not necessarily be exposed to exchange rate risk?
-
Cobb Manufacturing Company uses a process cost system and average costing. The following production data is for the month of June 2011. Production Costs Work in process, beginning of the month:...
-
What are class diagrams in the object-oriented approach (OOA)?
-
The current years amount of net income (after income tax) is 20% larger than that of the preceding year. Does this indicate an improved operating performance? Discuss.
-
a. Why is it advantageous to have a high inventory turnover? b. Is it possible for the inventory turnover to be too high? Discuss. c. Is it possible to have a high inventory turnover and a high...
-
a. How does the rate earned on total assets differ from the rate earned on stockholders equity? b. Which ratio is normally higher? Explain.
-
Show that the convexity for a zero coupon bond with m payments per year is (m) n(n + -)(1+ m m
-
Abdul Canarte , a Central Bank economist, noticed that the total group purchasing basket of goods (CPI) has gone from $149,740.00 to $344,460.00 in 8 years. With monthly compounding, what is the...
-
ABC Corporation expects sales next year to be $50,000,000. Inventory and accounts receivable (combined) will increase $8,000,000 to accommodate this sales level. The company has a profit margin of 6...
Study smarter with the SolutionInn App