Exercise 9-15 suppose during 2017 that federal express reported the following information (in millions): net sales of $34,850 and net income of $97. its balance sheet also showed total assets at the beginning of the year of $24,670 and total assets at the end of the year of $23,300. calculate the asset turnover and return on assets. (round answers to 2 decimal places, e. g. 6.25 or 17.54%.) asset turnover enter the asset turnover rounded to 2 decimal places times return on assets enter the return on assets in percentages rounded to 2 decimal places %

Which of the following results from outsourcing jobs from the united states to other countries? a. increasing exports out the united states. b. lower wages for u.s. workers. c. reduced immigration to the united states. d. subsidies for goods made in the united states. 2b2t

Which law would encourage more people to become homeowners but not encourage risky loans that could end in foreclosure? options: offering first time homebuyers tax-free accounts to save for down payments requiring all mortgages to be more affordable, interest-only loans outlawing home inspections and appraisals by mortgage companies limiting rent increases to less than 2% a year

Two products, qi and vh, emerge from a joint process. product qi has been allocated $34,300 of the total joint costs of $55,000. a total of 2,900 units of product qi are produced from the joint process. product qi can be sold at the split-off point for $11 per unit, or it can be processed further for an additional total cost of $10,900 and then sold for $13 per unit. if product qi is processed further and sold, what would be the financial advantage (disadvantage) for the company compared with sale in its unprocessed form directly after the split-off point?