Question
The answers are NOT any of the following...
Attempt 1) 8.8, 11.7, 12.9, 12.3
Attempt 2) 6.4, 11.3, 11.4, 11.9
Attempt 3) 6.7, 7.9, 9, 8.3

Please HELP!!!!!
Case Question 12-23 Haver Industries is a leading consumer products company. The companys adapted comparative balance sheets and income statements (in $ Haver Industries Comparative Income Statements For the Years Ended December 31 Seling, general, & administrative expenses 29,773 14,MA 34,M2 11,718 12,052 Haver Industries Comparative Balance Sheets As of December 31 Marketable secunibies Property, plant, & equipment, net Total Liabisties and Stockholders Equity 135,695 $61527 $57,048 $43,706 40 776
In his letters to shareholders in 2012, Havers CEO stated that the companys goal for the next five years was to achieve 4% to 6% sales growth each year and at least 10% growth in earnings per share Compute the sales and EPS growth? (Round answers to 1 decimal places, e.g. 52.7.) 2016 2015 2014 2013 Sales growth EPS growth Click if you would like to Show Work for this question: 20.2 10.4 18.5 7.8 3.3 15.4 30.0 23.3 Open Show Work Attempts: 1 of 15 used Your answer is incorrect. Try again Managing a broad collection of brands is challenging. In its 2012 annual report, Haver Industries stated that acquisitions and divestitures are part of the Companys strategic focus on developing brands that offer the greatest potential for growth. The report went on, This requires some difficult decisions, including a restructuring program to reduce overhead and streamline manufacturing processes. In other words, the company strives to use its assets to earn the greatest possible return Compute the return on assets? (Round answers to 1 decimal places, e.g. 52.7.) 2016 2015 2014 2013 Return on assets 6.7 7.9 12.9 12.3 Click if you would like to Show Work for this question: Open Show Work
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Answer #1
2016 2015 2014 2013 2012
Gross Profit 35097 28869 26331 21236 19249
Less:
R & D Expenses 2075 1940 1802 1665 0
Selling & Administrative Expenses 19773 16460 14702 11718 12052
Non operating Expenses 283 346 152 238 -211
EBIT (a) 12966 10123 9675 7615 7408
Total Assets (b) 135695 61527 57048 43706 40776
ROA = (a)/(b) 9.6 16.5 17 17.4 18.1

ROA = EBIT / Total Assets, for calculation of EBIT non operating expenses have to be deducted.

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