Selected ratios follow for Nike, Inc., for the year ended December 31, 2016 (in millions): Return on Net Operating Assets (RNOA) Profit Margin (PM) Net Operating Profit Margin (NOPM) Asset Turnover (AT) Financial Leverage (FL) 43.6% 11.6% 11.4% 1.51 1.72 What is the company's return on equity (ROE) for the year? A. 13.1% B. 32.2% C. 17.5% D. 30.1% E. None of the above

Michigan mattress company is considering the purchase of land and the construction of a new plant. the land, which would be bought immediately (at t = 0), has a cost of $100,000 and the building, which would be erected at the end of the first year (t = 1), would cost $500,000. it is estimated that the firm's afterminustax cash flow will increase by $100,000 starting at the end of the second year, and that this incremental flow would increase at a 10 percent rate annually over the next 10 years. what is the approximate payback period?

Which of the following statements is true regarding the reporting of outside interests and the management of conflicts? investigators are responsible for developing their own management plans for significant financial interests. the institution must report identified financial conflicts of interest to the u.s. office of research integrity. investigators must disclose their significant financial interests related to their institutional responsibilities and not just those related to a particular project. investigators must disclose all of their financial interests regardless of whether they are related to a research project.

Afinancing project has an initial cash inflow of $42,000 and cash flows of −$15,600, −$22,200, and −$18,000 for years 1 to 3, respectively. the required rate of return is 13 percent. what is the internal rate of return? should the project be accepted?