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Gross margin percent.

Gross margin percent.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Required: Calculate the following ratios for Yum! Brands in 2019 and 2018. (Nogative amounts should be indicated by a minus sign. Do not round intormediate calculations, Enter your answors In millions, rounded to the nearest wholo number. ) 1. Gross margìn percent. 2. Retum on assets (ROA). 3. Retum on equity (ROE).
Transcribed Image Text:Required: Calculate the following ratios for Yum! Brands in 2019 and 2018. (Nogative amounts should be indicated by a minus sign. Do not round intormediate calculations, Enter your answors In millions, rounded to the nearest wholo number. ) 1. Gross margìn percent. 2. Retum on assets (ROA). 3. Retum on equity (ROE).
(The following information appiles to the questions displayed below.] Consider the following balance sheet and Income statement for Mmm Good Foods Incorporated (the company that operates Tasty Fried Chicken and Pizza Party), In condensed form, including some information from the cash flow stotement: (amounts are millions) Mmm Good Foods Incorporated 2018 $ 443 597 Balance Sheet 2019 2017 $ 743 Cash and shornterm Investments Accounts recevable $ 1,723 623 575 inventory Other current assets 13 161 167 196 3,704 $ 5,231 $1,541 Lang-Ived assets 2,923 2,804 $ 4,130 $ 1,301 12,056 $ 5,311 $ 1,512 11,645 (6,334) $ 5,311 Total assets Current llabies Totel liebilities 13,247 (8,016) $ 5,231 (7,926) $ 4,130 Shareholders' equity Totel liabilities and equity Income Statement $ 5,597 1,235 $ 4,362 $ 1,859 $ 5,688 1,634 $ 4,054 Sales $ 5.878 Cost of sales 2,954 $ 2,924 $ 2,719 Gross margin Eamings betore tnterest and taxes $ 2,291 Interest 486 452 445 Taxes 79 297 934 $ 1,294 $ 102 Net Income $ 1,542 $ 1,340 $92 $ 82 Share price Eamings per share Number of outstanding shares (mitlons) Cash Rows 4,23 4.80 3.86 300 306 332 Cosh Now from operations $ 1,315 $ 1,176 $ 1,030 196 234 318 Captal expenditures Dvidends 511 462 416
Transcribed Image Text:(The following information appiles to the questions displayed below.] Consider the following balance sheet and Income statement for Mmm Good Foods Incorporated (the company that operates Tasty Fried Chicken and Pizza Party), In condensed form, including some information from the cash flow stotement: (amounts are millions) Mmm Good Foods Incorporated 2018 $ 443 597 Balance Sheet 2019 2017 $ 743 Cash and shornterm Investments Accounts recevable $ 1,723 623 575 inventory Other current assets 13 161 167 196 3,704 $ 5,231 $1,541 Lang-Ived assets 2,923 2,804 $ 4,130 $ 1,301 12,056 $ 5,311 $ 1,512 11,645 (6,334) $ 5,311 Total assets Current llabies Totel liebilities 13,247 (8,016) $ 5,231 (7,926) $ 4,130 Shareholders' equity Totel liabilities and equity Income Statement $ 5,597 1,235 $ 4,362 $ 1,859 $ 5,688 1,634 $ 4,054 Sales $ 5.878 Cost of sales 2,954 $ 2,924 $ 2,719 Gross margin Eamings betore tnterest and taxes $ 2,291 Interest 486 452 445 Taxes 79 297 934 $ 1,294 $ 102 Net Income $ 1,542 $ 1,340 $92 $ 82 Share price Eamings per share Number of outstanding shares (mitlons) Cash Rows 4,23 4.80 3.86 300 306 332 Cosh Now from operations $ 1,315 $ 1,176 $ 1,030 196 234 318 Captal expenditures Dvidends 511 462 416
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