Unformatted text preview: their sales higher, I believe that Neiman Marcus would make a larger net profit margin. 8. Using the following information taken from Lowe’s 2005 annual report, determine its asset turnover, net profit margin percentage, and ROA (figures are in $ millions). Net sales $36,464 Total assets $21,209 Net profit $2,176 Asset turnover: Net profit margin percentage: Return on Assets: 9. Using the following taken from the 2005 balance sheet and 2005 income statement for Urban Outfitters, develop a strategic profit model (figures are in $000). Net Sales $827,750 Cost of goods sold $489,000 Operating Expenses $198,384 Interest Expenses $0 Inventory $98,996 Accounts Receivable $8,364 ` Other current assets $171,508 Fixed Assets $271,776 See next page....
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- Spring '08
- Balance Sheet, Net Profit Margin, Generally Accepted Accounting Principles, Neiman Marcus