Examlex

Solved

Exhibit 14 -Refer to Exhibit 14

question 2

Multiple Choice

Exhibit 14.9
Use the Information Below for the Following Problem(S)
The Rollerball Corporation's industry averages are as follows:
Net Profit Margin = 7.5%; Total Asset Turnover = 2.2; Total Assets/Equity = 2.0
Rollerball Corporation has the following financial statements for year ending 12/31/2008. (000's omitted)
 Sales 5,450 Cost of Goods Sold 3,250 Gross Profit 2,200 Depreciation 820 Operating Expenses 470 Administration Exp. 115 Operating Profit 795 Interest Expense 88 Profit Before Taxes 707 Taxes 247 Net Income 460Dividends250\begin{array}{lr}\text { Sales } & 5,450 \\\text { Cost of Goods Sold } & \underline{3,250} \\\text { Gross Profit } & 2,200 \\\text { Depreciation } & 820 \\\text { Operating Expenses } & 470 \\\text { Administration Exp. } & \underline{115} \\ \text { Operating Profit } 795 & \\\text { Interest Expense } & \underline{88}\\\text { Profit Before Taxes } & 707\\\text { Taxes } & \underline{247}\\\text { Net Income } & 460\\\text{Dividends} & 250\end{array}
 Assets  Liabilities  Cash 100 Notes Payable 850 Accounts Receivable 1,250 Accounts Payable 1,550 Inventory 1,125 Total Current Liab. 2,400 Total Current Assets 2,475 Long Term Debt 425 Net Fixed Assets 1,450 Common Stock 400 Total Assets 3,925 Retained Earnings 700 Total Liab. & Earnings 3,925\begin{array}{lrlr}\text { Assets } & & {\text { Liabilities }} \\\text { Cash } & 100 & \text { Notes Payable } & 850 \\\text { Accounts Receivable } & 1,250 & \text { Accounts Payable } & \underline{1,550} \\\text { Inventory } & \underline{1,125} & \text { Total Current Liab. } & 2,400 \\\text { Total Current Assets } & 2,475 & \text { Long Term Debt } & 425 \\\text { Net Fixed Assets } & \underline{1,450} & \text { Common Stock } & 400 \\\text { Total Assets } & 3,925 & \text { Retained Earnings } & \underline{700} \\& & \text { Total Liab. \& Earnings } & 3,925\end{array}
-Refer to Exhibit 14.9.Calculate Rollerball Corporation's Net Profit Margin.

Explain the concept of hormone specificity and receptor interaction.
Understand the functioning of hormones in metabolism and stress response.
Recognize the organs with both endocrine and exocrine functions.
Explain the different signaling methods (e.g., autocrine, paracrine, endocrine) in cellular communication.

Definitions:

Current Company

The organization or business where an individual is presently employed.

Popular Major

An academic field of study chosen by a large number of students at a college or university.

Computer Science

A field of study that focuses on understanding, designing, and developing algorithms and software that enable computers to perform a wide range of tasks.

Business

The practice of making one's living by engaging in commerce, trade, and services based on the production, distribution, and sale of goods.

Related Questions