Suppose the years 2005 to 2009 were a period of rapid growth for a certain chain of coffeehouses and the company's revenues grew by more than 50% during that period. Use the hypothetical financial...


Suppose the years 2005 to 2009 were a period of rapid growth for a certain chain of coffeehouses and the company's revenues grew by more than 50% during that period. Use the hypothetical financial data for the company to answer the questions.


chart shown (attached) then questions:


(A): Calculate the asset turnover ratio for 2008 and 2009. (Round your answers to two decimal places.)



  • 2008=

  • 2009=


(B):


Calculate the net profit margin (as a %) for 2007, 2008, and 2009. (Round your answers to the nearest tenth of a percent.)


  • 2007 = %

  • 2008 = %

  • 2009 = %


(C): Calculate the return on investment (as a %) for 2007, 2008, and 2009. (Round your answers to the nearest tenth of a percent.)




  • 2007 = %

  • 2008 = %

  • 2009 = %



Selected Financial Data (In millions, except earnings per share)<br>Sept. 27,<br>2009<br>Sept. 28,<br>2008<br>(52 wks) (52 wks) (52 wks)<br>Sept. 30,<br>2007<br>Oct. 1,<br>Oct. 2,<br>2005<br>As of and for the fiscal year ended<br>2006<br>(52 wks)<br>(52 wks)<br>Results of Operations<br>Net revenues:<br>Company-operated retail<br>Specialty:<br>$8,100.1<br>$8,681.9<br>$7,918.3<br>$6,483.1<br>$5,311.9<br>Licensing<br>1,222.3<br>1,171.6<br>1,026.3<br>860.6<br>673.0<br>Food service and other<br>372.2<br>439.5<br>386.9<br>343.2<br>304.4<br>Total specialty<br>1,594.5<br>1,611.1<br>1,413.2<br>1,203.8<br>977.4<br>Total net revenues<br>$9,694.6<br>$10,293.0<br>$9,331.5<br>$7,686.9<br>$6,289.3<br>Operating income<br>Earnings before cumulative effect<br>of change in accounting principle<br>$562.0<br>$503.9<br>$1,053.9<br>$894.0<br>$780.5<br>460.8<br>435.5<br>752.6<br>691.5<br>614.4<br>Cumulative effect of accounting<br>change for asset retirement<br>obligations, net of taxes<br>17.2<br>Net earnings<br>$460.8<br>$435.5<br>$752.6<br>$674.3<br>$614.4<br>Earnings per common share<br>before cumulative effect of<br>change in accounting principle-<br>diluted (

Extracted text: Selected Financial Data (In millions, except earnings per share) Sept. 27, 2009 Sept. 28, 2008 (52 wks) (52 wks) (52 wks) Sept. 30, 2007 Oct. 1, Oct. 2, 2005 As of and for the fiscal year ended 2006 (52 wks) (52 wks) Results of Operations Net revenues: Company-operated retail Specialty: $8,100.1 $8,681.9 $7,918.3 $6,483.1 $5,311.9 Licensing 1,222.3 1,171.6 1,026.3 860.6 673.0 Food service and other 372.2 439.5 386.9 343.2 304.4 Total specialty 1,594.5 1,611.1 1,413.2 1,203.8 977.4 Total net revenues $9,694.6 $10,293.0 $9,331.5 $7,686.9 $6,289.3 Operating income Earnings before cumulative effect of change in accounting principle $562.0 $503.9 $1,053.9 $894.0 $780.5 460.8 435.5 752.6 691.5 614.4 Cumulative effect of accounting change for asset retirement obligations, net of taxes 17.2 Net earnings $460.8 $435.5 $752.6 $674.3 $614.4 Earnings per common share before cumulative effect of change in accounting principle- diluted ("EPS") $0.52 $0.43 $0.87 $0.73 $0.61 Cumulative effect of accounting change for asset retirement obligations, net of taxes-per common share 0.02 EPS-diluted $0.52 $0.43 $0.87 $0.71 $0.61 Net cash provided by operating activities $1,389.0 $1,258.7 $1,331.2 $1,131.6 $922.9 Capital expenditures (additions to property, plant and equipment) $643.3 $445.6 $984.5 $1,080.3 $771.2 Balance Sheet Total assets $5,696.8 $5,752.6 $5,423.9 $4,498.9 $3,593.7 Short-term borrowings Long-term debt (including current portion) 713.0 710.3 700.0 277.0 549.5 550.3 550.9 2.7 3.6 Shareholders' equity $2,935.7 $2,400.9 $2,184.1 $2,148.5 $2,020.3
Jun 10, 2022
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