Asset Turnover measures the percent of sales you are able to generate from your assets. Asset...
Asset Turnover measures the percent of sales you are able to generate from your assets. Asset Turnover reflects the level of capital we have tied-up in assets and how much sales we can squeeze out of our assets. If sales for the year were $ 480,000, beginning total assets was $ 505,000 and year-end total assets are $ 495,000. What is the asset turnover rate?
Homework Answers
Asset turnover rate = 0.96
Working
| Working | Asset Turnover | |
| A | Sales | $ 480,000.00 |
| B | Beginning Balance of Total Assets | $ 505,000.00 |
| C | Ending Balance of Total Assets | $ 495,000.00 |
| D = (B+C)/2 | Average Total Assets | $ 500,000.00 |
| E= A/D | Asset Turnover | 0.96 |
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Asset Turnover measures the percent of sales you are
able to generate from your assets. Asset...
Asset Turnover measures the percent of sales you are able to generate from your assets. Asset...
Asset Turnover measures the percent of sales you are able to generate from your assets. Asset Turnover reflects the level of capital we have tied-up in assets and how much sales we can squeeze out of our assets. If sales for the year were $ 480,000, beginning total assets was $ 505,000 and year-end total assets are $ 495,000. What is the asset turnover rate?
The asset turnover ratio a. considers how much revenue a firm is able to generate relative...
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eBook Show Me How Calculator Print Item Asset Turnover The Home Depot reported the following data...
eBook Show Me How Calculator Print Item Asset Turnover The Home Depot reported the following data (in millions) in its recent financial statements: Year 2 Year 1 Sales $120,800 $127,650 Total assets at the end of the year 72,800 78,200 Total assets at the beginning of the year 78,200 92,000 a. Determine the asset turnover for The Home Depot for Year 2 and Year 1. Round to one decimal place. Year 2 Year 1 Ab. What do these turnover indicate...
Margin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the following income statement for...
Margin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the following income statement for the last year: Sales $786,640,000 Less: Variable expenses 543,024,000 Contribution margin $243,616,000 195,036,000 Less: Fixed expenses Operating income $48,580,000 At the beginning of last year, Elway had $38,624,000 in operating assets. At the end of the year, Elway had $41,371,000 in operating assets. Required: 1. Compute average operating assets. 2. Compute the margin (as a percent) and turnover ratios for last year. If required,...
3. Asset management ratios Aa Aa E Asset management ratios are used to measure how effectively...
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Asset management ratios are used to measure how effectively a firm manages its assets, by relating...
Asset management ratios are used to measure how effectively a firm manages its assets, by relating the amount a firm has invested in a particular type of asset (or group of assets) to the amount of revenues the asset is generating. Examples of asset management ratios include the average collection period (also called the days sales outstanding ratio), the inventory turnover ratio, the fixed asset turnover ratio, and the total asset turnover ratio. Consider the following case: Polk Software Inc....
Can someone help me with this one? I need the following - •Asset Turnover: •Return on...
Can someone help me with this one? I need
the following
-
•Asset Turnover:
•Return on total assets:
•Return on stockholders’ equity:
•Return on common stockholders’ equity:
•EPS on common stock:
•P/E Ratio:
•Dividends per share:
•Dividend yield:
25. Use the information shown to calculate the following ratios for Allen Ales in 2018: asset turnover, return on total assets, return on stockholders' equity, and return on common stockholders' equity. The company paid $2,500 in preferred dividends for the year. Round...
eBook Show Me How Calculator Print Item Asset Turnover The Home Depot reported the following data (in millions) in its recent financial statements: Year 2 Year 1 Sales $120,800 $127,650 Total assets at the end of the year 72,800 78,200 Total assets at the beginning of the year 78,200 92,000 a. Determine the asset turnover for The Home Depot for Year 2 and Year 1. Round to one decimal place. Year 2 Year 1 Ab. What do these turnover indicate...
Margin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the following income statement for the last year: Sales $786,640,000 Less: Variable expenses 543,024,000 Contribution margin $243,616,000 195,036,000 Less: Fixed expenses Operating income $48,580,000 At the beginning of last year, Elway had $38,624,000 in operating assets. At the end of the year, Elway had $41,371,000 in operating assets. Required: 1. Compute average operating assets. 2. Compute the margin (as a percent) and turnover ratios for last year. If required,...
3. Asset management ratios Aa Aa E Asset management ratios are used to measure how effectively a firm manages its assets, by relating the amount a firm has invested in a particular type of asset (or group of assets) to the amount of revenues the asset is generating. Examples of asset management ratios include the average collection period (also called the days sales outstanding ratio), the inventory turnover ratio, the fixed asset turnover ratio, and the total asset turnover ratio....
Asset management ratios are used to measure how effectively a firm manages its assets, by relating the amount a firm has invested in a particular type of asset (or group of assets) to the amount of revenues the asset is generating. Examples of asset management ratios include the average collection period (also called the days sales outstanding ratio), the inventory turnover ratio, the fixed asset turnover ratio, and the total asset turnover ratio. Consider the following case: Polk Software Inc....
Can someone help me with this one? I need
the following
-
•Asset Turnover:
•Return on total assets:
•Return on stockholders’ equity:
•Return on common stockholders’ equity:
•EPS on common stock:
•P/E Ratio:
•Dividends per share:
•Dividend yield:
25. Use the information shown to calculate the following ratios for Allen Ales in 2018: asset turnover, return on total assets, return on stockholders' equity, and return on common stockholders' equity. The company paid $2,500 in preferred dividends for the year. Round...
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