ECO 211 Lecture Notes - Lecture 6: Asset Turnover, Profit Margin, Information System
24 Jun 2016
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ECO 211 Full Course Notes
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How did they adapt to the indian culture: 1. Sensitive to the dietary restrictions of the hindu culture: 2. Roa = return on assets net profit margin x asset turnover: 2. How the retailer makes the world a better place: 3. Net sales = gross sales + promotional allowances customer returns. Gross margin = net sales cost of goods sold. Operating expenses = costs incurred during the normal course of doing business. Net profit margin = gross margin operating expenses extraordinary expenses interest taxes depreciation. Assets = economic resources owned by a retailer as a result of past transactions. Debt/equity ratio = total debt / total equity. Current ratio = short term assets / short term liabilities. Quick ratio = same as current ration but with inventory removed. Top down planning = when the decisions are made at the corporate level. Bottom up planning = when the decisions are made at the store level.
