Compute the overall profit margin percentage for Dick's Sporting Goods for the FY 2018 (the year ended Feb. 2, 2019). Show your answer as a percentage, including 3 decimal points, e.g., 5/26 = 19.231 (percent).
Compute the Return on Assets for Dick's Sporting Goods for fiscal year 2018 (the year ended Feb. 2, 2019). Show your answer as a percentage to 3 decimal points, e.g., 5/26 = 19.231 (%).
What percentage of Dick's Sporting Good's Gross Goodwill had been impaired as of the end of FY 2018 (Feb. 2, 2019)? Show your answer as a percentage to 3 decimal points, e.g., 5/26 = 19.231 (%).
What percentage of Dick's Sporting Goods' other intangible assets (excluding goodwill) had been amortized as of the end of FY 2018 (Feb. 2, 2019)? Show your answer as a percentage to 3 decimal points, e.g., 5/26 = 19.231 (%).
Homework Answers
1. Overall profit margin = Net Income / Net Sales *100
= ( 319864 / 8436570 ) * 100 = 3.791%
2. Return on assets = Net Income / Total Assets * 100
= ( 319864 / 4187149 ) * 100 = 7.639%
3. Percentage of goodwill impairment = 0%
Since the amount of goodwill is same in 2017 and 2018 ($250,476), no amount of goodwill has been impaired
4. Percentage of other intangibles amortization = Net intangibles in 2017 - Net intangibles in 2018 / Net intangibles in 2018
= ( 136587 - 130166 ) / 130166
= 6421 / 130166 = 4.933%
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