Compute LVMH's net operating profit after taxes (NOPAT) for 2017 and 2016. Compute LVMH's net operating profit margin (NOPM) for each year. Compute LVMH's return on net operating assets (RNOA) for 2017.
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- Computing NOPAT, NOPM and RNOA LVMH Moët Hennessy Louis Vuitton SE (LVMH) is a French multinational luxury goods conglomerate headquartered in Paris. The following information is selected from their 2017 annual report. (€ thousands) Revenue Operating income Net interest expense and other nonoperating expense Net income Operating assets Operating liabilities LVMH has an income tax rate of approximately 30% a. Compute LVMH's net operating profit after taxes (NOPAT) for 2017 and 2016. Round answers to the nearest whole number. 2016 € 2017 € 2017 2016 42,636 37,600 8,113 6,904 179 432 5,616 4,363 67,246 58,504 26,714 24,340 b. Compute LVMH's net operating profit margin (NOPM) for each year. Round answers to one decimal place. (Ex: 0.2345 = 23.5%) %6 2016 2017 c. Compute LVMH's return on net operating assets (RNOA) for 2017. Round answers to one decimal place. (Ex: 0.2345 = 23.5%) 2017E7.11 For Domino's Pizza (DPZ), the following information on the past 5 years' revenues can be found in the Form 10-K. Fiscal Year Ended December 30, December 31, January 1, 2017 January 3, December 28, 2016 (Dollars in Millions, Except per Share Data) 2018 2017 2014 Income statement data: U.S. company-owned stores.. U.S. franchise royalties and fees U.S. franchise advertising.. U.S. stores Supply chain. International franchise royalties and fees $ 490.8 $ 514.8 391.5 $ 439.0 312.3 $ 396.9 $ 348.5 230.2 351.4 272.8 358.5 1,264.8 1,943.3 842.2 751.3 669.7 578.7 1,739.0 1,544.3 1,383.2 163.6 1,262.5 224.7 206.7 177.0 152.6 Total revenues.. $3,432.9 $2,788.0 $2,472.6 $2,216.5 $1,993.8 If this was the only information available, what forecasts of revenue growth in the foresecable future might be arrived at? What issues immediately arise that might require additional investigation?and 2017 balance shccts is liated below in milions of collars). Ramakrishnan, Inc. reaated 2018 net income ef S55 milian and ccpreciation of 53.C50 co0. The top part of Ramakriahnan, Inc's 20 2011 2017 2011 207 eet asseTS Cach an markatale tacuritie Accounta recedvatie Ientory Iatal vest 1la 11iries heeruad vager and taar Accsunta payable Hites payoble Intat to 67 194 $144 Calculete the 2018 net cesh fiow trom opersting actvides tor Hamakrishnan. Inc. (Enter your answer in dollars not in millions.
- Question 2.6 Is the company's collection policy effective? Please justify your answer. Notes: Inventories as at 31 December 2020 amounted to R185000 All purchases and sales are on credit Credit terms to Debtors are 30 days Credit terms of 3/10 net 90 days are granted by creditors Dividends for the year amounted to R139 503The data depicted in the table below were extracted from the annual financial reports of WBE enterprises for the 2021 and 2022 financial years. If all purchases are on credit, calculate the creditors payment period of WBE enterprises for the 2022 financial year. Sales (80% credit sales) Cost of sales Inventories Accounts receivable Accounts payable Cash and cash equivalents Other current liabilities OA. 214 days OB. 163 days OC. 66 days OD. 168 days 2022 R 480 000 264 000 270 000 204 000 177 000 45 750 82 500 2021 R 375 000 192 000 243 000 183 000 165 000 27 300 58 500YE3tcuBfirwShOSzu2prZ7nd44k0L-w/formResponse?pli=1 e following to answer the five questions below: owing accounts are extracted from the worksheet of X Company on ber 31, 2020 Sales Retums and Allowances S 410,000 Sales Discount 140,000 Sales 1,500,000 Salaries Expenses - Sales 52,000 Rent Revenue 22,000 Purchases Retums and Allowances 120,000 Purchases 600,000 Loss from write down of Inventory 17,000 Inventory, January 1, 2020 460,000 Interest Expense A 55,000 Gain from Sale of Building 23,000 Freight-out 14,000 Freight-in 30,000 Depreciation Expense - Sales 22,000 Cost of Goods Sold 600,000 n the data above, the inventory account sho ed a holon
- Q5. Shown below are selected financial data for Planet X, Inc. and Planet Y, Inc., at the end of the current year: Planet X, Inc. Planet Y, Inc. $ 700,000 550,000 30,000 80.000 150,000 100,000 Net credit sales Cost of goods sold Cash $ 800,000 600,000 80,000 Accounts receivable (net) 85,000 60,000 110,000 Inventory Current liabilities Instructions a. For each of the two companies, compute the following: 1. Current ratio 2. Quick ratio 3. Number of times inventory turned over during the year and the average number of days required to tum over inventory (round computation to the nearest day). 4. Number of times accounts receivable turned over during the year and the average number of days required to collect accounts receivable (round computation to the nearest day). b. From the viewpoint of a short-tem creditor, comment on the quality of each company's operations. To which company would you prefer to sell $40,000 in merchandise on a 30-day open account?The following data are taken from the financial statements of Sheffield Company. Accounts receivable (net), end of year Net sales on account Terms for all sales are 1/10, n/45 (a1) X Your answer is incorrect. 2022 $555,000 3,997,500 2021 $470,000 3,122,250 Compute for each year the accounts receivable turnover. At the end of 2020, accounts receivable (net) was $435,000. (Round answers to 1 decimal place, e.g. 1.6.)How to compute this problem? Problem:The data shown below were obtained from the financial records of the BST Corporation for the year ended December 31, 2020. Sound Break CorporationIncome and Retained Earnings StatementFor the year Ended December 31, 2020Net Sales P1,000,000Cost of Goods Sold:Inventory, Dec. 31, 2019 P250,000Purchases 720,000Total Goods Available P970,000Inventory 220,000 750,000Gross Margin on Sales P 250,000Selling and Administrative (including Depreciation of P20,000) 125,000Net Income before Tax P 125,000Provision for Income Tax 35,000Net Income for the Year P 90,000Retained Earnings, beginning 130,000Total P 220,000Dividends Paid 30,000Retained Earnings, December 31, 2020 P 190,000 Sound Break CorporationBALANCE SHEETDecember 31, 2019 and 2020 ASSETS 2019 2020Current Assets:Cash P 75,000 P 85,000Marketable Securities 25,000 25,000Trade Receivables, net 185,000 245,000Inventory, at cost 250,000 220,000Prepaid Expenses 15,000 10,000Total Current Assets…
- 11. Selected information from the accounting records of Rolexa Co. is as follows: Net accounts receivable at Dec. 31, 2018, P900,000; Net accounts receivable at Dec. 31, 2019, P1,000,000; Inventories at Dec. 31, 2018, P1,100,000; Inventories at Dec. 31, 2019, P1,200,000; Accounts receivable turnover, 5 times; inventory turnover, 4 times. What is Rolexa's gross margin for 2019? please dont provide image based answers thank you! Required information Exercise 9-24 (Algo) Complete the accounting cycle using long-term liability transactions (LO9-2, 9-8) [The following information applies to the questions displayed below.] On January 1, 2024, the general ledger of Freedom Fireworks includes the following account balances: Accounts Cash Accounts Receivable Allowance for Uncollectible Accounts Inventory Debit $ 11,300 34,200 Credit $ 1,900 152,100 Land Buildings Accumulated Depreciation Accounts Payable Common Stock Retained Earnings Totals 68,300 121,000 9,700 18,800 201,000 155,500 $ 386,900 $ 386,900 During January 2024, the following transactions occur: January 1 Borrow $101,000 from Captive Credit Corporation. The installment note bears interest at 6% annually and matures in 5 years. Payments of $1,953 are required at the end of each month for 60 months. January 4 January 10 Pay cash on accounts payable, $12,000. Receive $31,100 from customers on accounts receivable. January 15 Pay cash for salaries, $29,000.…BE18-8 Vertical analysis (common size) percentages for Kochheim Company's sales revenue, cost of goods sold, and expenses are shown below. 2018 2017 2016 Sales revenue 100.0% 100.0% 100.0% Cost of goods sold Expenses 60.2 62.4 63.5 25.0 25.6 27.5 Did Kochheim's net income as a percentage of sales increase, decrease, or remain unchanged over the 3-year period? Provide numerical support for your answer.
