Two Sisters Dresses has net working capital of $43,800, net fixed assets of $232,400, sales of...
Two Sisters Dresses has net working capital of $43,800, net fixed assets of $232,400, sales of $472,043, and current liabilities of $51,300. How many dollars of sales are generated from every $1 in total assets? Is the firm more or less efficient than its competitor that has a Total Asset Turnover of 1.55? (Hint: First solve for Current Assets and then for Total Assets)
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Two Sisters Dresses has net working capital of $43,800, net
fixed assets of $232,400, sales of...
A firm has net working capital of $410, net fixed assets of $2,156, sales of $5,200,...
A firm has net working capital of $410, net fixed assets of $2,156, sales of $5,200, and current liabilities of $720. How many dollars worth of sales are generated from every $1 in total assets?
1- which one of the following is not included in net working capital? A) account receivable...
1- which one of the following is not included in net working capital? A) account receivable , B) retained earnings, C) cash and cash equivalent , D) prepaid expenses, E) Account payable. 2- Depreciation does which one of the following for a profitable firm? A) has no effect on net income, B) decrease net working capital, C) decrease net income, D) increase net income, E) increase taxes 3- a firm has a current ratio 0.9, given this you know for...
Return to question Exercise 8-22 Evaluating efficient use of assets LO A1 1.7 points Lok Co. reports net sales of $5,63...
Return to question Exercise 8-22 Evaluating efficient use of assets LO A1 1.7 points Lok Co. reports net sales of $5,632,000 for Year 2 and $8,703,000 for Year 3. End-of-year balances for total assets are Year 1, $1,658,000; Year 2, $1,774,000; and Year 3, $1,979,000. (1) Compute Lok's total asset turnover for Year 2 and Year 3. Total Asset Turnover Choose Numerator: 1 Choose Denominator: Total Asset Turnover Total asset turnover Year 2 Year 3 (2) Lok's competitor has a...
Spacemax Inc has net fixed assets of $2,340, long-term debt of $1,125, net working capital of...
Spacemax Inc has net fixed assets of $2,340, long-term debt of $1,125, net working capital of $500 and total assets of $3,000. What is the amount of current liabilities?
8. The XY Co. has sales of $198,000, net profit of $17,500, fixed assets of $125,400,...
8. The XY Co. has sales of $198,000, net profit of $17,500, fixed assets of $125,400, and current assets of $44,300. What is the total asset turnover rate?
Leaf Inc. of Kingston has a total asset turnover rate of 1.52 and a fixed asset...
Leaf Inc. of Kingston has a total asset turnover rate of 1.52 and a fixed asset turnover rate of 3.04. From this information, you know that the: O Firm utilizes its assets more efficiently than a firm with a total asset turnover of 1.75. Fixed assets equal 304 percent of the annual sales amount. Annual sales are less than the value of the total assets of the firm. O O Value of the current assets is equal to the value...
What is the net working capital for a company with current assets of $69,000, quick assets...
What is the net working capital for a company with current assets of $69,000, quick assets of $26,000 total assets of $130,000, current liabilities of $48,000 and net sales of $79,000? $95,000 $13,000 $2 1.000 ● $47.000
What is the net working capital for a company with current assets of $66,000, quick assets...
What is the net working capital for a company with current assets of $66,000, quick assets of $34,000 total assets of $170,000, current liabilities of $50,000 and net sales of S84,000? OA. OB. OC. OD. $54,000 $50,000 $100,000 $16,000
Kilwin’s Ice Cream Parlor has current assets of $150,000, net fixed assets of$718,500, net working capital...
Kilwin’s Ice Cream Parlor has current assets of $150,000, net fixed assets of$718,500, net working capital of $74,000 and total book value of equity of $393,000. What is the debt-equity ratio?
Required: a. Firm D has net income of $24,400, sales of $930,000, and average total assets...
Required: a. Firm D has net income of $24,400, sales of $930,000, and average total assets of $545,000. Calculate the firm's margin, turnover, and ROI. b. Firm E has net income of $79,000, sales of $1,100,000, and ROI of 14%. Calculate the firm's turnover and average total assets. c. Firm F has ROI of 12.60%, average total assets of $1,759,800, and turnover of 1.80. Calculate the firm's sales, margin, and net income. Complete this question by entering your answers in...
Return to question Exercise 8-22 Evaluating efficient use of assets LO A1 1.7 points Lok Co. reports net sales of $5,632,000 for Year 2 and $8,703,000 for Year 3. End-of-year balances for total assets are Year 1, $1,658,000; Year 2, $1,774,000; and Year 3, $1,979,000. (1) Compute Lok's total asset turnover for Year 2 and Year 3. Total Asset Turnover Choose Numerator: 1 Choose Denominator: Total Asset Turnover Total asset turnover Year 2 Year 3 (2) Lok's competitor has a...
Leaf Inc. of Kingston has a total asset turnover rate of 1.52 and a fixed asset turnover rate of 3.04. From this information, you know that the: O Firm utilizes its assets more efficiently than a firm with a total asset turnover of 1.75. Fixed assets equal 304 percent of the annual sales amount. Annual sales are less than the value of the total assets of the firm. O O Value of the current assets is equal to the value...
What is the net working capital for a company with current assets of $69,000, quick assets of $26,000 total assets of $130,000, current liabilities of $48,000 and net sales of $79,000? $95,000 $13,000 $2 1.000 ● $47.000
What is the net working capital for a company with current assets of $66,000, quick assets of $34,000 total assets of $170,000, current liabilities of $50,000 and net sales of S84,000? OA. OB. OC. OD. $54,000 $50,000 $100,000 $16,000
Required: a. Firm D has net income of $24,400, sales of $930,000, and average total assets of $545,000. Calculate the firm's margin, turnover, and ROI. b. Firm E has net income of $79,000, sales of $1,100,000, and ROI of 14%. Calculate the firm's turnover and average total assets. c. Firm F has ROI of 12.60%, average total assets of $1,759,800, and turnover of 1.80. Calculate the firm's sales, margin, and net income. Complete this question by entering your answers in...
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