Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 5 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 21 Jan 2018 My Price 8.00

General Mills


Forecasting from Core Income: General Mills (Medium) The following are selected numbers from the income statements reported by General Mills for 2008 and 2007 (dollars in millions):

 

The firm 's statutory tax rate at the time was 38.5 percent. Further investigation revealed that operating income was after restructuring charges of $21 million in 2008 and $39 million in 2007.

a. Calculate core income from sales and total core income for both years.

b. The income for 2008 was earned on a base of $12,572 million of net operating assets. What was core RNOA for 2008?

c. What is your best forecast of the operating profit margin and core RNOA for 2009 based on this information?

d. Why would earnings from joint ventures be reported after the tax line on the income statement?

 

 

Answers

Maurice Tutor
(5)
Status NEW Posted 21 Jan 2018 08:01 PM My Price 8.00

Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------acq-----------uis-----------iti-----------on -----------of -----------my -----------pos-----------ted----------- so-----------lut-----------ion-----------.Pl-----------eas-----------e p-----------ing----------- me----------- on-----------cha-----------t I----------- am----------- on-----------lin-----------e o-----------r i-----------nbo-----------x m-----------e a----------- me-----------ssa-----------ge -----------I w-----------ill----------- be-----------

Not Rated(0)
Relevent Questions