Recently, it was announced that two giant French retailers, Carrefour SA and Promodes SA, would merge. A headline in the Wall
Street Journal blared, "French Retailers Create New Wal-Mart Rival." While Wal-Mart's total sales would still exceed those of thef
combined company, Wal-Mart's international sales are far less than those of the combined company. This is a serious concern for Wal-
Mart, since its primary opportunity for future growth lies outside of the United States.
Below are basic financial data for the combined corporation (in euros) and Wal-Mart (in U.S. dollars) in a recent year. Even though their
results are presented in different currencies, by employing ratios we can make some basic comparisons.
Carrefour
(in millions)
Wal-Mart
(in millions)
Sales revenue
€70.486
$256,329
Cost of goods sold
54,630
198,747
Net income
1,738
9,054
Total assets
39,063
104,912
Current assets
14,521
34,421
Current liabilities
13,660
37,418
Total liabilities
29,434
61,289
Compare the two companies by answering the following

Answers

Answer 1

Based on the balances given of the companies, Carrefour SA and Promodes SA, and of Wal-Mart, the following are true:

Carrefour gross profit rate = 22.5%.Walmart's gross profit rate = 22.5%.Carrefour profit margin = 2.5%.Walmart's profit margin = 3.5%.

What is Carrefour's gross profit rate?

This is:

= (Sales revenue - Cost of goods sold) / Cost of goods sold

= (70,486 - 54,630) / 70,486

= 22.5%

What is Walmart's gross profit rate?

= (256,329 - 198,747) / 256,329

= 22.5%

What is Carrefour profit margin?

= Net income / Sales revenue

= 1,738 / 70,486

= 2.46%

What is Walmart's profit margin?

= 9,054 / 256,329

= 3.5%

The original question asks for the gross profit rate and the profit margin of both companies.

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Related Questions

Identify whether each of the following is a debit or a credit in the country of
Freedonia’s BOP and indicate where the item would be classified (5 points)

a) Freedonian firms export $250 million worth of goods.

b) Freedonian citizen’s purchase $50 million worth of tickets on US Airways flights.

c) A Freedonian firm purchases a shoe factory in Mexico for $30 million.

d) Freedonia receives $5 million in foreign aid from the United States.

e) Freedonian citizens deposit $15 million in Citibank account in New York.

f) Freedonia imports $220 million worth of goods.

g) Freedonian firms borrow $45 million by issuing bonds in the United States

h) U.S. firms earn (and repatriate) $5 million in profits from operations in Freedonia.

i) The Freedonia central bank buys $10 million in U.S. Treasury bills.

Answers

Freedonian firms export $250 million worth of goods - CreditFreedonian citizen’s purchase $50 million worth of tickets on US Airways flights - DebitA Freedonian firm purchases a shoe factory in Mexico for $30 million - DebitFreedonia receives $5 million in foreign aid from the United States - CreditFreedonian citizens deposit $15 million in Citibank account in New York - DebitFreedonia imports $220 million worth of goods - DebitFreedonian firms borrow $45 million by issuing bonds in the United States -  CreditU.S. firms earn (and repatriate) $5 million in profits from operations in Freedonia. -  DebitThe Freedonia central bank buys $10 million in U.S. Treasury bills - CreditWhat is BOP?

This is also known as Balance of payment and it is the difference between all money flowing into the country in a particular period of time and the outflow of money to the rest of the world.

Freedonia’s BOP items can be seen above with their appropriate classifications.

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Which of the following will develop a new business in the context of a large organization?

Answers

Intrapreneurs

I hope this helps you
:)

How project finance differ from ordinary lending

Answers

Corporate financing refers to the overall financial management of a company, such as determining the company's financial model, raising funds, maximizing the use of funds, and improving the company's operations, whereas project financing refers to making financial decisions for a project, such as funding sources.

Answer :

Project financing is simply a method of completing a project while safeguarding the company's other assets. As the project sponsor, your firm, Big Energy Corp., would basically create a second corporation to carry out the project's construction. This tiny firm is known as a project firm; we'll refer to it as Little Energy Co. Big Energy will possess most or all of Little Energy's stock and will most likely oversee the company's day-to-day operations as well. Independent lenders will provide additional cash in the form of Little Energy loans. Little Energy will go bankrupt if the project fails for any reason, but as the project sponsor, your firm, Big Energy, will not be accountable for any of Little Energy's obligations. This type of configuration is frequently employed in energy, infrastructure, and construction projects, despite its complexity. Let's take it a step further in the case of energy initiatives.

Big Energy, as the project sponsor, may be a wind developer trying to create a new wind farm, an oil firm looking to explore a new resource, or a transmission business looking to establish a new transmission corridor. This is a well-established corporation with assets, liabilities, and equity on its balance sheet. It would also have the in-house competence to assess field projects and the contacts to complete them. Even yet, shareholders in organizations like Big Energy Corp. want to minimize their exposure in the event that the project fails.

This is similar to revenue bonds in the public sector. The project is the only source of prepayment.

General obligation bonds are safer. THE COMPANY'S OR GOVERNMENT'S ENTITIES ARE PLEDGEED AS SECURITY FOR PAYMENT.

EasyFind manufactures and sells golf balls. The company is conducting a price test to find a better price point. Presently their golf balls sell for $23 per dozen. Their current volume is 4,850 dozen per month. They are considering reducing their sales price by 23% per dozen. What are EasyFind's total current revenues per month

Answers

The total current revenues per month from EasyFind's company is $85893.5

What is the meaning of Total Revenue?

Total revenue, often known as the entire sales, is the total money made by an organization from all merchandise sold.

If the present price of the golf ball = $23 and;The volume of sales monthly = 4850.

Therefore, the monthly total revenue = $(23 × 4850) = $111,550

However, if we consider reducing the price by 23% per dozen, we have:

[tex]\mathbf{= \dfrac{23}{100} \times 111550}[/tex]

= $25656.5

Now, the total current revenue per month will be:

= $111550 - $25656.5

= $85893.5

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The amount that the shareholders have invested into the company is called: Multiple Choice Retained earnings. Accumulated other comprehensive income. Paid-in capital. Shareholders’ equity.

Answers

You got to chose who’s your real friend to help you with home work

Why do free trade proponents dislike rules of origin in trade​ agreements?
A.
It increases incentives for trade deflection.
B.
It decreases the amount of international trade in the world.
C.
It decreases incentives for trade diversion.
D.
It increases the amount of international trade in the world.

Answers

Answer:

c

Explanation:

carbon fiber and other stuff t it was the most efficient of all good for the price and a good amount for a small business to make it up to catch up there today to get a better than Android there betters the there mornings afternoon allowed goodnight working in their firsts ones Android there betters off its wasn't in Zarion's mind that way too many people are not in a relationship 5th or third world war or the war of that weight is a little more complicated and the other is that ra has the same

The reason free trade proponents dislike rules of origin in trade agreements is B. It decreases the amount of international trade in the world.

What are the rules of origin?

Rules of origin in trade agreements refer to the regulations that define categories of products qualifying for trading preferences under the trade agreements.

Proponents of free trade dislike rules of origin in trade agreements because the free-trade proponents feel that rules of origin create trade barriers.

However, rules of origin provide the required criteria for determining the national source of a product.

Thus, rules of origin do not increase incentives for trade deflection, decrease incentives for trade diversion, or increase international trade but decrease international trade.

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How can birth rate and life expectancy combine to impact a nation's use of scarce resources?

Answers

The birth rate and life expectancy are related to the resources of a country, because the relationship between the amount of resources and the amount of resources that people will use throughout their lives can be made.

What is the birth rate?

The birth rate is a statistical indicator of the communities in which it is established as the number of births per hundred thousand inhabitants.

What is life expectancy?

Life expectancy is a statistical indicator of communities that establishes the average age lived by citizens of a given area.

How are life expectancy and birth rates related to available resources?

Each country has a limited amount of resources for citizens to use. However, these are going to end up compromising the subsistence of future generations.

In this case, it is of great importance to know the birth rate and life expectancy to establish how much longer these resources will be able to be used before they run out and to propose strategies and alternatives to face the scarcity of resources.

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In which situation would a banker's draft be used?

A. When a person is traveling in another country and does not want
to carry a lot of cash

B. When a buyer doesn't want to wait for the seller to confirm that
funds exist in an account

C. When a buyer wants to purchase a large number of items at once and wants the seller to have quick access to funds

D. When the person making the payment wants money to be
available in the receiving bank's account

Answers

Banker's draft can be used when the person making the payment wants money to be

available in the receiving bank's account.

What is bank draft?

Banker's draft is a a form of cheque that is given to a customer at the bank either for a purchase payment.

It can also be brought to another bank for remittance, it serves as evidence for transactions.

Therefore, a banker draft can be used when the person making the payment wants money to be

available in the receiving bank's account.

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Answer:

D. When the person making the payment wants money to be

available in the receiving bank's account

Explanation:

A banker's draft is used as a guarantee of payment to another bank or financial institution. Nonetheless, when someone wants money to be available in the receiving bank's account they use a banker's draft.

At year end, CurlZ, Inc.'s inventory consists of 200 bottles of CleanZ at $1 per bottle and 100 boxes of DyeZ at $10 per box. Market values are $1.20 per bottle for CleanZ and $8 per box for DyeZ. CurlZ should report its inventory at ______.

Answers

the answer is..

C. $1,000.

Curl Z has the inventory of dollar $1000 that should be reported. Thus, option (a) is correct

What is inventory?

The term inventory can be defined as the goods raw materials merchandise and other items which are operated by the business all the organization for selling in the market in order to on the process.

For instance, wood is a raw material for the company and the furniture is the inventory which is made from the wood.

The requirement for reporting inventory at the end of the year is that it must be valued at the lowest of acquisition cost or market value.

The amount of the inventory can be computed as follows:-

[200 bottle x $1 per bottle] + [100 boxes + $8 per box]

= 200 + 800

= $1,000

Therefore, it can be concluded that option (a) is correct.

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Your question is incomplete, but most probably the full question was….

$1000

$1040

$1240

$1200

Wheat and oats are used to make different types of breakfast cereal and both are grown on the prairies What would happen to the supply and demand of oats if the price of wheat were to fall? What happens to the equilibrium price and quantity of oats?

Answers

If the price of wheat falls, the demand for oats would decrease and the supply of oats would increase.

The equilibrium price of oats would decline and the equlibrium quantity would be indeterminate.

What are subsistute goods?

Substitute goods are goods that can be used in place of another good.

if the price of a good decline, the demand for the substitute decreases and if the price of the good increases, the demand for the substitute decreases.

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FIFO can be used by corporation only.

Select one:
True
False

Answers

Answer:

True

Explanation:

Using the FIFO costing method will always produce the same results whether a company uses perpetual or periodic inventory.

What is one key difference between payday loans and title loans? A. Title loans are offered to people with good credit. B. Title loans are long-term loans. C. Title loans require people to have a job. D. Title loans require collateral.​

Answers

The one key difference between payday loans and title loans is D. Title loans require collateral.​

What is a Title Loan?

This is a type of loan which makes use of the borrower's car as a collateral to give a high cost and short term loan.

Hence, we can note that while a payday loan is immediately deducted from the next payslip with a fee, a title loan is high cost and short term and  typically requires collateral.

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Answer:

D. Title loans require collateral.​

Explanation:

how do you find your future work as interesting and exciting.-

Answers

Answer:

keep your mind clear an good

Explanation:

find a quiet place

Answer:

It is interesting and exciting because it will help me to achieve my destination and also get income on it

What is the first step in starting up a business? and Why?

Answers

Answer: Conduct market research. Market research will tell you if there's an opportunity to turn your idea into a successful business

Explanation:

it takes time and you have to know what you're doing to make a successful business don't rush do your research before you try doing something big

In order to fight the negative impact of overtourism, Costa Rica has been developing...
a Mass tourism
b Ecotourism
c Extreme tourism
d Revenge tourism​

Answers

Mass tourism I have learned this :) hope it helps

Does any body know how to speed up the process of finding answers

Answers

Answer:

Hi

Explanation:

it honestly depends try reloading or refreshing or poking on other sites that LOOK APPROPRIATE

HELP ME PLEASE
IN THISS ASSIGNMENTS

Answers

Answer:

what assignment

Explanation:

What types of training do Teach for America recruits undergo before they are placed in the classroom?

Answers

The Teach for America Recruits do  undergo five weeks of training and intensive preservice coursework before they are placed in the classroom.

What is the intensive preservice coursework  all about?

The intensive preservice coursework  for Teach for America Recruits is to prepare them ahead and equip them with necessary skills to perform their duty.

Therefore, after the five weeks of training and intensive preservice coursework , they will be placed in classrooms as student teachers or team teachers.

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Match the method of exchanging information with its description

Answers

Answer:

Exchange of common capability information of wireless communication terminals is improved by taking in account also capabilities of any adjacent external device(s) (e.g. PC or laptop) of an end-user. A wireless terminal transfers (14) capability information of its own, and that of a remote wireless terminal and a remote external device to an adjacent external device (e.g. PC or laptop) of the end-user. The external data device determines (15), based on the received application capability information, its own application capabilities which match with the application capabilities indicated by the received application capability information, and presents (16) the matching application capabilities to the end-user. Thus, the communication parties are enabled to see and use application capabilities of their wireless communication terminals and adjacent external devices, e.g. during circuit-switched or packet-switched one-to-one call.

Classifications

Classify each of the following situations as either frictional, structural, or cyclical unemployment.

a. Maria has started looking for work after taking time off to have a baby.
b. Juan left high school without graduating and can't find any jobs he is qualified for.
c. Rohit had a job working on Wall Street but lost his job during the financial crisis.
d. Adam has just arrived in a new city and is looking for work.
e. Max wants to work as an air steward, but because the airline industry is heavily unionized there are very few jobs available.
f. Jada has just lost her job in a Web startup that was affected by a downturn in the economy.

Answers

Classifying each situation into frictional, structural, or cyclical unemployment is:

a. Frictional unemployment

b. Structural unemployment

c. Cyclical unemployment

d. Frictional unemployment

e. Structural unemployment.

f. Cyclical unemployment.

What is unemployment?

Unemployment is simply the inability of a person to secure a job or find a job after searching .

a. Maria has started looking for work after taking time off to have a baby

Classification : Frictional unemployment.

b. Juan left high school without graduating and can't find any jobs he is qualified for.

Classification: Structural unemployment.

c. Rohit had a job working on Wall Street but lost his job during the financial crisis.

Classification: Cyclical unemployment.

d. Adam has just arrived in a new city and is looking for work.

Classification: Frictional unemployment

e. Max wants to work as an air steward, but because the airline industry is heavily unionized there are very few jobs available.

Classification: Structural unemployment.

f. Jada has just lost her job in a Web startup that was affected by a downturn in the economy.

Classification: Cyclical unemployment

Inconclusion each of the following situations are: a. Frictional unemployment; b. Structural unemployment.

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Match the terms with the appropriate definition.

1. arbitration
desired outcome or achievement
2. bilingual
ability to use two languages fluently
3. compromise
the act of training an employee to also perform tasks performed by another employee
4. constructive criticism
activities outside the scope of your education or employment that enhance personal development and pleasure
5. cross-training
when a third party is consulted to make a final decision in resolving a conflict
6. extracurricular activities
explaining an error to another person in a positive way and offering ideas to avoid similar mistakes in the future
7. goal
to give up something to resolve a conflict

Answers

Answer:

1. goal

2.correct

3.cross training

4.extracurriculars

5.arbitration

6.constructive criticism

7.compromise

Periodic and Perpetual system can be used in FIFO method

Select one:
True
False

Answers

Answer:

True

Explanation:

Using the FIFO costing method will always produce the same results whether a company uses perpetual or periodic inventory.

Given a standardized normal distribution​ (with a mean of 0 and a standard deviation of​ 1), complete parts​ (a) through​ (d) below.
Click here to view page 1 of the cumulative standardized normal distribution table. LOADING...
Click here to view page 2 of the cumulative standardized normal distribution table. LOADING...
Question content area bottom
Part 1
a. What is the probability that Z is between​ -1.52 and​ 1.86? ​(Round to four decimal places as​ needed.)
A.
​P(-1.52 < Z​ < 1.86)​ =NORM.S.DIST(1.86,0)-NORM.S.DIST(-1.52,0)= -0.0549
B.
​P(-1.52 < Z​ < 1.86)​ =NORM.S.DIST(1.86,1)-NORM.S.DIST(-1.52,1)=0.9043
C.
​P(-1.52 < Z​ < 1.86)​ =NORM.S.DIST(1.86,1)+NORM.S.DIST(-1.52,1)=1.0328
D.
​P(-1.52 < Z​ < 1.86)​ =NORM.S.DIST(-1.52,1)-NORM.S.DIST(1.86,1)= -0.9043
b. What is the probability that Z is less than​ -1.52 or greater than​ 1.86? ​(Round to four decimal places as​ needed.)
A.
​P(Z <​ -1.52 OR Z​ > 1.86)​ =NORM.S.DIST(-1.52,0)+(1-NORM.S.DIST(1.86,0))=1.0549
B.
​P(Z <​ -1.52 OR Z​ > 1.86)​ =NORM.S.DIST(-1.52,1)-(1+NORM.S.DIST(1.86,1))= -1.9043
C.
​P(Z <​ -1.52 OR Z​ > 1.86)​ =NORM.S.DIST(-1.52,1)+NORM.S.DIST(1.86,1)=0.1964
D.
​P(Z <​ -1.52 OR Z​ > 1.86)​ =NORM.S.DIST(-1.52,1)+(1-NORM.S.DIST(1.86,1))=0.0957

Answers

Answer:

d is the right answer that's my answer

You receive an email "You won a Ford Bronco, Click the link to retrieve your prize."
What should you do? Select all that apply.
A) Click the link to receive your prize.
Check for phishing by hovering over the hyperlink, checking the sender's name, and reviewing for
B) improper grammar and misspelled words.
C) Forward the email to your People Leader.
D) Respond to the sender to confirm if the email is legitimate.
E) Click the "Report Phish" button to report the suspicious email.
Submit All
Next
Back
How to navigate through the knowledge Check
• Click the Back button to return to the video
• Click the next button to proceed to the next
Question
. Click the Submit All button when you are ready to
all your answers to the questions

Answers

When you get a phishing email, your response should be as follows:

B. Check for phishing by hovering over the hyperlink, checking the sender's name, and reviewing for improper grammar and misspelled words.

E) Click the "Report Phish" button to report the suspicious email.

What is email phishing?

Email phishing is the sending of fraudulent messages to trick recipients into revealing sensitive information by making them think that they had become extremely lucky without participating in any lottery or game.

When email phishing is received, do not click the link or forward the email to another person.  You do not need to respond to the sender, asking for its legitimacy.

2. The best way to navigate through the knowledge CHECK is A. Click the Back button to return to the video.

Thus, when you get a phishing email, your response should be Options B and E.

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can i go to business school

Answers

Answer:

yess

Explanation:

nothing should hold you back from reaching your goals.

Answer:

Apply to schools and sure, why not

Explanation:

Zen cart is written in _________________ , which is a programming language widely used for developing web-based applications. It is free and open-source and is one of the most popular computer languages with web developers because of its simplicity and power.

Answers

Answer: php

Explanation:

Sarah gets a salary increase. Before her raise, she purchased 5 pounds of fish and 1 pound of beef stew a month. After her raise, she consumes 2 pounds of fish and 3 pounds of beef stew a month. If everything else is held constant, we know that: _________

a. hamburger is a normal good and steak is an inferior good for Sarah.
b. both steak and hamburger are normal goods for Sarah.
c. hamburger is an inferior good and steak is a normal good for Sarah.
d. both steak and hamburger are inferior goods for Sarah.

Answers

Answer:

C. hamburger is an inferior good and steak is a normal good for Sarah

Explanation:

Demand for an inferior good decreases as income increases.

Demand for a normal good increases as income increases.

Because Sarah purchased less hamburger after her salary increase (5 to 2 pounds), she had less demand for it, therefore hamburger is an inferior good for her. And because Sarah purchased more steak after her salary increase (1 to 3 pounds), she had more demand for it, therefore steak is a normal good for her.

What percentage of the U.S. gross national product is spent on projects each year in the US alone?

Answers

Answer:

25 percent

Explanation:

25% percentage of the U.S. gross national product is spent on projects each year.

What is gross national product?

The Gross national income (GNI), recently known as gross national product (GNP), is the complete homegrown and unfamiliar result guaranteed by inhabitants of a nation, comprising of GDP.

Essentially, GNP implies how a nation's kin add to its economy. It thinks about citizenship, no matter what the area of the possession. GNP does exclude unfamiliar inhabitants' income acquired inside the country. GNP additionally includes no income acquired in India by unfamiliar occupants or organizations, and rejects products made in the country by unfamiliar organizations.

In computation, GNP adds government use, individual utilization use, confidential homegrown ventures, net commodities, and income acquired by nationals abroad, and wipes out the income of unfamiliar occupants inside the homegrown economy. Besides, GNP overlooks the worth of middle person merchandise to abstain from twofold counting, as these passages get remembered for the worth of eventual outcomes and administrations.

Therefore 25% is actually spent on projects each other.

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Bullwinkle Co. acquired an adjacent vacant lot with the hope of selling it in the future at a gain. The lot is not intended to be used in Bullwinkle business operations. Where should such real estate be listed on the balance sheet?

Answers

Weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

Discuss Two social factors (excluding friends and social interaction) that may contribute to unemployment in South Africa amongst the youth.

Answers

Answer:

Timidity and lack of self initiative drive

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