Question-ann taylor retail

Assignment Help Accounting Basics
Reference no: EM13257969

Ann Taylor Retail, Inc., sells professional women'sapparel through company-owned retail stores. Recent financialinformation for Ann Taylor is provided below (all number inthousands):

                                               Year2                        Year 1

NetIncome                            81,872                        63,276

InterestExpense                    2,083                          3,641

End ofyear                            Year2                        Year1                        Year 0

Totalassets                             1,492,906                   1,327,338                   1,256,397

Total stockholders' equity     1,034,482                   926,744                      818,856

Assume the apparel industry average rate earned on total assetsis 8.2%, and the average rate earned on stockholders' equityis 16.7% for Year 1.

Determine the rate earned on total assets for AnnTaylor for Year 2 and Year 1. Round to one digit after thedecimal place.

Determine the rate earned on stockholders' equityfor Ann Taylor for Year 2 and Year 1. Round to one decimalplace

Evaluate the two-year trend for the profitabilityratios determined in (a) and (b).

Evaluate Ann Taylor's profit performance relativeto the industry.

Reference no: EM13257969

Questions Cloud

What are some theories that were previously beleived : What are some theories that were previously beleived to be true but were later proven incorrect.What are a few prime problems of todays world which science needs to work on?
Determine the kinetic energy acquired by the electron : An electron initially at rest recoils after a head-on collision with a 5.94-keV photon. Determine the kinetic energy acquired by the electron
Explain the concept of limited liability : Explain the concept of "limited liability" in the context of a corporation. Is limited liability an advantage or disadvantage of the corporate form of business organization? Why?
Find total recorded cost of automatic scorekeeping equipment : The automatic lane-cleaning machine. Thecost of repairing the component is $1,850. What is the totalrecorded cost of the automatic scorekeeping equipment?
Question-ann taylor retail : Ann Taylor Retail, Inc., sells professional women'sapparel through company-owned retail stores. Recent financialinformation for Ann Taylor is provided below (all number inthousands):
Determine the weight of the automobile : The four tires of an automobile are inflated to a gauge pressure of 2.1 105 Pa. Determine the weight of the automobile
Compare number of transmission paths required in topologies : The Russian president and the Chinese counterpart need to come to an agreement by telephone. Neither can speak and understand each other's language. They need to employ translators. Compare this layered communication to OSI layers
Explain the h3o+ concentration in diet cola than in milk : Diet cola drinks have a pH of about 3.0, while milk has a pH of about 7.0. How many times greater is the H3O+ concentration in diet cola than in milk
Why is the amount of interest earned : Why is the amount of interest earned in part (a) less than half the amount of interest earned in part (b)?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd