Question regarding total asset turnover
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Bonner Corp's sales last year were $415,000, and its year-end total assets were $355,000. The avg firm in the industry has a TATo of 2.4. Bonner new CEO believes the firm has excess assets that can be sold to bring TATO down to industry average w/o affect
4. Ryngard Corp's sales last year were $42.000, and its total assets were $16,000. What was its total assets turnover ratio (TATO? Lit a. 2.68 b. 2.36 c. 2.31 d. 3.15 e. 2.63
Billy Bob Corp.'s sales last year were $12921,000, its total assets were $1,500,000, common equity was $1,000,000, and its net income after taxes was $109,000. What was its total asset turnover (TAT)? (answer in format x.xx , with no 'X' sign needed.)
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...
Question 56 1 pts X-1 Corp's total assets at the end of last year were $490,000 and its EBIT was 52,500. What was its basic earning power (BEP) ratio? 0 13.07% 0 10.29% 0 11.57% 0 12.86% 10.71% Previous Next F4 FS F6 F7 F8 F9
Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2016, were inventory, $48,900: total assets, $189.400; common stock, $90,000: and retained earnings, $22748.) CABOT CORPORATION Income Statement For Year Ended Decenber 31, 2017 ts Sales Cost of goods sold Gross profit Operating expenses Interest expense Income before taxes Income tares Net income $448, 600 297, 250 151, 350 98, 600 4, 100 48, 650 19, 598 $ 29, 052...