1.
Concept Introduction:
Assets Turnover: The ratio that helps determine how well a company can use its assets to generate revenue is referred to as asset turnover. This ratio is used by investors to measure the efficiency of a company and also its performance.
The total assets turnover for Company S for the most recent two years.
2.
Concept Introduction:
Assets Turnover: The ratio that helps determine how well a company can use its assets to generate revenue is referred to as asset turnover. This ratio is used by investors to measure the efficiency of a company and also its performance.
Changes in the asset’s turnover and whether it is favorable or unfavorable.
3.
Concept Introduction:
Assets Turnover: The ratio that helps determine how well a company can use its assets to generate revenue is referred to as asset turnover. This ratio is used by investors to measure the efficiency of a company and also its performance.
To compare: The assets turnover of Company S with Company A and Company G.
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FINANCIAL AND MANAGERIAL ACCOUNTING
- Comparative figures for Apple and Google follow. Apple One Year Current Year Prior $338,516 $ 365,725 260,174 265,595 $ millions Total assets Net sales Complete this question by entering your answers in the tabs below. Apple Google Required: 1. Compute total asset turnover for the most recent two years for Apple and Google using the data shown. 2. In the current year, which company is more efficient in generating net sales given total assets? 3. Does asset turnover underperform or outperform the 0.5 industry asset turnover for (a) Apple and (b) Google? Total Asset Turnover Two Years Prior $375,319 229, 234 Current Year Required 1 Required 2 Required 3 Compute total asset turnover for the most recent two years for Apple and Google using the data shown. Note: Round your answers to 2 decimal places. 0.61 times times Current Year $ 275,909 161,857 One Year Prior times times Required 1 Google One Year Prior $ 232,792 136,819 Two Years Prior $ 197,295 110,855 Required 2 >arrow_forwardWhat is the return on assets for Samsung in the (a) current year and (b) prior year?arrow_forwardPlease answer the asset management ratio of BPI from year 2018 - 2021.arrow_forward
- Using the information below to answer the following parts A and B. Round to 2 decimal places. 2018 2017 2016 Total assets 22,536 23,259 21,396 Sales 36,397 34,350 32,376 A. Calculate the Asset turnover for 2017 and 2018. B. Is the change from 2017 to 2018 favorable or unfavorable? Explain your answer.arrow_forwardIndustry, Delete any companies with missing data for AT, SALE, IB Using Your industry (from question title), please answer these questions using Fiscal year 2015 data, use Total Assets (AT) for average investment, Income Before Extraordinary Items (IB) for income, and Sales/Turnover (Net) (SALE) for Sales Revenue What is the average Sales Margin for your industry? Answer in percentage, to the nearest hundredth of a percent, without the % sign, example 3.45 for 3.45%, 0.45 for 0.45% What is the average Turnover for your industry Answer to the nearest hundredth What is the average Return on Investment for your industry Answer in percentage, to the nearest hundredth of a percent, without the % sign, example 3.45 for 3.45% Which company (use Global Company Key) has the highest ROI in your Industry? Answer with no leading zeros using the appropriate number of digitsarrow_forwardrefer to the photo below. Please provide a complete and correct solution.arrow_forward
- Analyze Home Depot The Home Depot (HD) reported the following data (in millions) in its recent financial statements: a. Determine the asset turnover ratio for Home Depot for Year 2 and Year 1. Round to two decimal places. b. What conclusions can be drawn from these ratios concerning the change in the ability of Home Depot to effectively use its assets to generate sales?arrow_forwardIs Samsung’s current-year return on assets better or worse than that for (a) Apple and (b) Google?arrow_forwardDoes Samsung’s return on assets exhibit a favorable or unfavorable trend?arrow_forward
- What is the comparison (analysis) of the Total Assets Turnover of Industry Average Ratio and the Company A Ratio? The Total Assets Turnover has decreased and increased. Why? Industry Average Total Assets Turnover 2015: 0.17 2016: 0.18 2017: 0.19 2018: 0.15 2019: 0.19 Company A Total Assets Turnover 2015: 0.15 2016: 0.14 2017: 0.20 2018: 0.14 2019: 0.22arrow_forwardIs the current-year return on assets better than the 10% return of competitors for (a) Apple and (b) Google?arrow_forwardSearch online for Tesla’s Annual Report for fiscal year 2020 that ended on December 31, 2020. Answer the following questions using the report. What’s Tesla’s current ratio in 2019 and 2020? What does this ratio suggest? What’s Tesla’s net profit margin and gross profit percentage in 2019 and 2020? What’s your interpretation of the trend? What’s Tesla’s return on assets(ROA) and total asset turnover ratio in 2020?arrow_forward
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