Kraft Foods is trading at 1.8 times sales in 2024. The company reported a net profit margin of 8.5 percent on its sales. Calculate Kraft's P/E ratio.
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- Pharoah Company reported net sales of $407000, $454000, and $545380 in the years 2021, 2022, and 2023, respectively. If 2021 is the base year, what is the trend percentage for 2023?For the year ended December 31, 2022, Settles Incorporated earned an ROI of 8.8 %. Sales for the year were $9 million, and average asset turnover was 2.2. Average stockholders' equity was $2.9 million. Required: a. Calculate Settles Incorporated's margin and net income. Note: Round "Margin" answer to 1 decimal place. Enter the net income answer in dollars, i.e., $5 million should be entered as 5,000,000. b. Calculate Settles Incorporated's return on equity. Note: Round your answer to 1 decimal place. a. Margin a. Net income % b. Return on equity %For the year ended December 31, 2022, Settles Incorporated earned an ROI of 10.5%. Sales for the year were $9 million, and average asset turnover was 2.1. Average stockholders' equity was $2.8 million. Required: Calculate Settles Incorporated's margin and net income. Note: Round "Margin" answer to 1 decimal place. Enter the net income answer in dollars, i.e., $5 million should be entered as 5,000,000. Calculate Settles Incorporated's return on equity. Note: Round your answer to 1 decimal place.
- The following information pertains to JCU Company. All dollar amounts are in thousands. If JCU is computing trend percentages with 2018 as the base year, what % will 2019 sales be? Sales Gross Margin Net operating income Net income Year 2020 $58,000 $17,500 $3,200 $1,750 2019 $51,000 $15,100 $2,850 $1,400 2018 $47,000 $13,800 $2,100 $1,100Please Provide answer with step by stepIn fiscal year 2021, Walmart Inc. (WMT) reported annual revenue of $572.75 billion, gross profit of $143.75 billion, and net income of $13.67 billion. Costco Wholesale Corporation (COST) had revenue of $195.9 billion, gross profit of $25.25 billion, and net income of $5.01 billion. a. Compare the gross margins for Walmart and Costco. b. Compare the net profit margins for Walmart and Costco. c. Which firm was more profitable in 2021?
- Use the following information and the percent-of-sales method to answer this question. Below is the 2021 year-end balance sheet for Isaiah, Inc. Sales for 2021 were $1,600,000 and are expected to be $2,000,000 during 2022. In addition, we know that Isaiah Inc. plans to pay $90,000 in 2022 dividends and expects a projected net income of 4% of sales. (For consistency with the Answer selections provided, round your forecast percentages to two decimals.) How much is the projected current assets for 2022? Isaiah, Inc. Balance Sheet Assets Current assets Net fixed assets Total Liabilities and Owners' Equity Accounts payable Accrued expenses Notes payable Long-term debt Total liabilities Common stock (plus paid-in capital) Retained earnings Common equity Total O 1.260 M December 31, 2021 1.500 M O 1.000 M 1.120 M $890,000 1,000,000 $1,890,000 $160,000 100,000 700,000 300,000 1,260,000 360,000 270,000 630,000 $1,890,000Evaluate Aritzia’s profitability for 2022 compared with 2021. In your analysis, compute the following ratios and then comment on what those ratios indicate. 1. Return on sales 2. Asset turnover 3. Return on assets 4. Leverage ratio 5. Return on equity 6. Gross profit percentage 7. Earnings per share (show computation) 8. Book value per shareOperational and Financial SummaryHello, just need help on net income and return on equity
- For the year ended December 31, 2019, Settles Inc. earned an ROI of 9.6%. Sales for the year were $16 million, and average asset turnover was 2.4. Average stockholders' equity was $3.2 million.Required: Calculate Settles Inc.'s margin and net income. (Round "Margin" answer to 1 decimal place. Enter the net income answer in dollars, i.e., $5 million should be entered as 5,000,000.) Calculate Settles Inc.'s return on equity. (Round your answer to 1 decimal place.)Which is an example of horizontal analysis? A. Operating income amounts to P20,000. B. Acurrent ratio of 1:2 is established. C. Rent income in 2021 is 15% greater than in 2020. D. Advertising expense in 2021 is 6% of sales.Krogen Grocer’s 2016 financial statements show net income of $1,680 million, sales of $153,466 million, and average total assets of $46,350 million.How much is Krogen Grocer’s return on sales for the year? Question 22 options: A) 1.09% B) 30.20% C) 3.62% D) 6.42%
