If total assets are $20 million, noncurrent assets are $2 million, inventory is $3 million, and...
Homework Answers
The inventory turnover ratio is computed as shown below:
= Sales / Inventory
= $ 5 million / $ 3 million
= 1.67 times Approximately
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If total assets are $20 million, noncurrent assets are $2
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A company has $20 million in assets and a total asset turnover ratio of 2. Its...
A company has $20 million in assets and a total asset turnover ratio of 2. Its costs are equal to 30% of sales. The firm has ROE of 20% and a NPM of 8%. Assume the firm doesn’t have any preferred stock. If the firm has $2 million in cash and Market Value of Equity to Book Value of Equity (M/B) is 3.5, what is its EV/EBITDA? Now assume that the industry average for EV/EBITDA is 3. If the firm...
Shelton, Inc., has sales of $20 million, total assets of $17.6 milion, and total debt of...
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What is the Average Total Assets, Average Total Inventory, Preferred Dividends, and Average Common Stockholders Equity...
What is the Average Total Assets, Average Total Inventory,
Preferred Dividends, and Average Common Stockholders Equity ??
please show how with steps
Selected current year-end financial statements of Cabot
Corporation follow. (All sales were on credit; selected balance
sheet amounts at December 31 of the prior year were
inventory, $49,900; total assets, $229,400; common stock, $89,000;
and retained earnings, $33,215.)
Required:
Compute the following: (1) current ratio, (2) acid-test ratio, (3)
days' sales uncollected, (4) inventory turnover, (5) days' sales...
The balance sheet for Stevenson Corporation reported the following: noncurrent assets, $220,000; total assets, $410,000; noncurrent...
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The balance sheet for Stevenson Corporation reported the following: noncurrent assets, $160,000; total assets, $430,000; noncurrent...
The balance sheet for Stevenson Corporation reported the following: noncurrent assets, $160,000; total assets, $430,000; noncurrent liabilities, $250,000; total stockholders' equity, $98,000. Compute Stevenson's working capital. Working capital
JPJ Corp has sales of $1.31 million, accounts receivable of $52,000, total assets of $4.96 million...
JPJ Corp has sales of $1.31 million, accounts receivable of $52,000, total assets of $4.96 million (of which $2.99 million are fixed assets), inventory of $148,000, and cost of goods sold of $597,000. What is JPJ's accounts receivable days? Fixed asset turnover? Total asset turnover? Inventory tunover? What is JPJ's accounts receivable days? J P's accounts receivable days are days (Round to two decimal places .)
QUESTION 1 3M has the sales of $32,765 million, costs of $16,682 million, inventory of $4,366...
QUESTION 1 3M has the sales of $32,765 million, costs of $16,682 million, inventory of $4,366 million, receivables of $5,020 million, payables of $2,266 million, and total assets of $36,500 million in its latest financial statements. Compute its asset turnover ratio. 6.53 7.36 3.82 0.90 1 points QUESTION 2 Which of the following tells us the company’s average collect period? 365 / (Sales / Inventory) Costs / Accounts Receivables Costs / Inventory 365 / (Sales / Accounts Receivables) 1...
A A A Accounts Receivabil Food Inventory Total Current Assets Accounts Payable Accrued Expenses Total Current...
A A A Accounts Receivabil Food Inventory Total Current Assets Accounts Payable Accrued Expenses Total Current Liabilities A $ 100,000 A Problem 9 The New K Inn has provided the following selected financial information: Balance Sheet * Cash $100,000 X Property and equipment $2,000,000 abo v ibile Income Statement * Room sales $1,500,000 Food sales 500,000 older Cost of food sold 150,000 + Net income solo 200,000 Ratios Current ratio Food inventory turnover 12 times Average collection period 20 days...
The Griggs Corporation has credit sales of $1,075,900 Total assets turnover Cash to total assets Accounts...
The Griggs Corporation has credit sales of $1,075,900 Total assets turnover Cash to total assets Accounts receivable turnover Inventory turnover Current ratio Debt to total assets 2.90 times 1.30 % 10 times 14 times 1.88 times 45 % Using the above ratios, complete the balance sheet. (Round your answers to the nearest whole dollar.) GRIGGS CORPORATION Balance Sheet Assets Liabilities and Stockholders' Equity Cash Accounts receivable Inventory Current debt Long-term debt Total debt Total current assets Fixed assets Equity Total...
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XYZ Company Debt 725 Total Assets 1365 Inventory 375 Current Assets 900 Current Liabilities 500 Total Equity 1500 Cost of Goods Sold 1150 Sales 1200 Operating Profit 330 Taxes 150 Use the above chart to calculate the following Quick Ratio – (5pts) Current Ratio – (5pts) Inventory Turnover – (5pts) Debt Ratio – (5pts) Total Asset Turnover – (5pts)
Shelton, Inc., has sales of $20 million, total assets of $17.6 milion, and total debt of $6.7 million. Assume the profit margin is 8 percent. What is the company's net income? (Do not round intermediate calculations. Enter your answer in dollars not in millions, e.g., 1,234,567.) Net income $ 1,600,000 What is the companys ROA? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) ROA 9.09 % What is the company's...
What is the Average Total Assets, Average Total Inventory,
Preferred Dividends, and Average Common Stockholders Equity ??
please show how with steps
Selected current year-end financial statements of Cabot
Corporation follow. (All sales were on credit; selected balance
sheet amounts at December 31 of the prior year were
inventory, $49,900; total assets, $229,400; common stock, $89,000;
and retained earnings, $33,215.)
Required:
Compute the following: (1) current ratio, (2) acid-test ratio, (3)
days' sales uncollected, (4) inventory turnover, (5) days' sales...
The balance sheet for Stevenson Corporation reported the following: noncurrent assets, $160,000; total assets, $430,000; noncurrent liabilities, $250,000; total stockholders' equity, $98,000. Compute Stevenson's working capital. Working capital
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A A A Accounts Receivabil Food Inventory Total Current Assets Accounts Payable Accrued Expenses Total Current Liabilities A $ 100,000 A Problem 9 The New K Inn has provided the following selected financial information: Balance Sheet * Cash $100,000 X Property and equipment $2,000,000 abo v ibile Income Statement * Room sales $1,500,000 Food sales 500,000 older Cost of food sold 150,000 + Net income solo 200,000 Ratios Current ratio Food inventory turnover 12 times Average collection period 20 days...
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