The primary reason for the decline in the inventory turnover for 2016 compared to 2015 was due to the decrease in the Cost of Sales for 2016 rather than the change in the inventory balance.

For which year did IBM have the highest net profit margin and ROA?

Using the Statement of Stockholders’ equity, the amount that IBM paid to repurchase shares and the number of shares repurchased is shown for each year 2014-2016. Note that dollars are shown in millions whereas shares are the actual amounts and not shown in millions. Using only the “Other treasury shares purchased, not retired,” the average amount IBM paid to repurchase its shares in 2016 was about $148 per share and in 2015 was $155 per share for. How much on average did IBM pay for its shares during 2014?

For which year did IBM have the highest net profit margin and ROA?

Repurchases of stock and dividend payments are both distributions of cash to investors. For which year did IBM’S total cash distributions exceed NCOA for that year?

For 2014-2016 when comparing the total gross profit per the income statement and the total gross profit percentages for IBM, is it true that both total amounts of gross profit and the total gross profit percentage declined in 2015 and again in 2016?

After a thermocouple, initially at 32F, is placed in a 68F water environment its time constant is calculated to be 2.8s.  Determine the time constant (in seconds) for the same thermocouple system, initially at 32F, placed in the same water environment at 95F?

Notice the change in the total amount of IBM’s total Gross Profit for 2016 compared to 2015. Which contributed more to the change in the total amount of gross profit for 2016?

After a thermocouple, initially at 32F, is placed in a 68F water environment its time constant is calculated to be 2.8s.  Determine the time constant (in seconds) for the same thermocouple system, initially at 32F, placed in the same water environment at 95F?

____________________ attenuates transmission of signals w/ frequencies within a certain range, while permitting signals below & above the band limits.