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BUSINESS FINANCE

BUSINESS FINANCE

Follies Bookstore, the only bookstore close to campus, had a net income of $90,000 in 2009. Here are some of the financial ratios from the annual report:

Profit Margin 12%

Return on Assets 20%

Debt to Asset Ratio 55%

Using these ratios, calculate the following for Follies Bookstore:

a. Sales

b. Total assets

c. Total asset turnover

d. Total debt

e. Stockholders equity

f. Return on equity

pick one culture or ethnic group, either from the readings or elsewhere, and explain how territoriality and exchange/trade are expressed in that group. A brief introduction describing the groups environment, subsistence, political, and religious practices should be followed by a discussion of the territory of the group and how they go about exchanging/trading products

• Describe the home or base area that the group uses on a daily basis
• Describe the range of the group or the area that it uses occasionally
• Describe the borders of the groups territory-1.0 points
• Describe what the group produces and where (home/base, range, borders, or beyond)
• Describe how what is produced is distributed to the consumers; where this is located; and what the group receive in the exchange (future reciprocity, bartered items, money)

• Describe who the consumers are and where they are located (home/base, range, borders, or beyond of the study group)

• Describe any changes to the territory or exchange patterns that have been noted in recent times or with more contact with “the outside world”

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