Homework Answers
| Net Sales | / | Average total assets | = | Asset turnover |
| 19,000 | 18,000 | 1.06 times |
Worse
Note that I have rounded some numbers. Comment if you face any issues
Add Answer to:
QS 8-15 Computing total asset turnover LO A1 Aneko Company reports the following: net sales of $19,000 for Year 2 and $...
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...
HW-CH 9 QS 9-12 Times interest earned LO A1 Park Company reports interest expense of $145,000 and income before int...
HW-CH 9 QS 9-12 Times interest earned LO A1 Park Company reports interest expense of $145,000 and income before interest expense and income taxes of $1.885,000 (1) Compute its times interest earned (2) Park's competitor's times interest earned is 4.0. Is Park in a better or worse position than its competitor to make interest payments if the economy turns bad? References Complete this question by entering your answers in the tabs below. Required i Required 2 Compute its times interest...
Aneko Company reports the following: net sales of $14,800 for Year 2 and $13,990 for Year...
Aneko Company reports the following: net sales of $14,800 for Year 2 and $13,990 for Year 1; end-of-year total assets of $19,100 for Year 2 and $17,900 for Year 1. (1) Compute its total asset turnover for Year 2. Total asset turnover Choose Denominator: Choose Numerator: 1 Total asset turnover Total asset turnover times 1
QS 14-15 Raw materials inventory management LO A1 3M Co. reports beginning raw materials inventory of...
QS 14-15 Raw materials inventory management LO A1 3M Co. reports beginning raw materials inventory of $855 million and ending raw materials inventory of $717 million. Assume 3M purchased $3,646 million of raw materials and used $3,784 million of raw materials during the year. Compute raw materials inventory turnover and the number of days' sales in raw materials inventory. Complete this question by entering your answers in the tabs below. Raw Materials Days Sales In Inventory turnover Raw Materials Inventory...
QS 14-17 Raw materials inventory management LO A1 Nestlé reports beginning raw materials inventory of 3,815...
QS 14-17 Raw materials inventory management LO A1 Nestlé reports beginning raw materials inventory of 3,815 and ending raw materials inventory of 3,499 (both numbers in millions of Swiss francs). Assume Nestlé purchased 13,860 and used 14176 (both amounts in millions of Swiss francs) in raw materials during the year. Compute raw materials inventory turnover and the number of days' sales in raw materials inventory. Complete this question by entering your answers in the tabs below. Raw Materials Days Sales...
E9-14 Computing and Interpreting the Fixed Asset Turnover Ratio from a Financial Analysts Perspective [LO 9-7)...
E9-14 Computing and Interpreting the Fixed Asset Turnover Ratio from a Financial Analysts Perspective [LO 9-7) The following data were included in a recent Papaya Inc. annual report (in millions): 2013 $80,225 2014 $133,119 2015 $185,500 2016 $194,910 Net revenue Net property, plant, and equipment 4,940 9,180 15,600 16,400 Required: 1. Compute Papaya's fixed asset turnover ratio for 2014, 2015, and 2016. (Do not round intermediate calculations. Round your answers to 1 decimal place.) Fixed Year Asset Turnover Ratio 2014...
CHIC UTIV Help QS 8-10 Days' sales uncollected LO A1 10 The following annual account balances...
CHIC UTIV Help QS 8-10 Days' sales uncollected LO A1 10 The following annual account balances are from Armour Sports at December 31 points bonitor Accounts receivable Net Sales Year 2 $ 100,000 $ 85,000 2,500,000 2,000,000 Complete the below table to calculate the number of days' sales uncollected for the years Year 1 and Year 2 (Round your Uncollected" to 1 decimal place.) Print Choose Numerator: Days Sales Uncollected Choose Denominator: * Days References - Year 2 Days Sales...
9781259536 QS 1-15 Computing and interpreting return on assets LO A2 In a recent year's financial...
9781259536
QS 1-15 Computing and interpreting return on assets LO A2 In a recent year's financial statements, Home Depot reported the following results. Sales Net income Average total assets $83 billion 6 billion 40 billion Compute Home Depot's return on assets. (Enter the values in billions.) Choose Denominator Choose Numerator Net income Return on Assets Average total assets
Lok Co reports net sales of $4,415,000 for 2016 and $8,209,000 for 2017 End-of-year balances for...
Lok Co reports net sales of $4,415,000 for 2016 and $8,209,000 for 2017 End-of-year balances for total assets are 2015. $1,557,000; 2016, $1,766,000and 2017. $1.924,000 points Skoped (a) Compute Lok's total asset turnover for 2016 and 2017 •Book Total Asset Turnover Choose Choose Numerator: Denominator: Total Asset Turnove References 2017
QS 8-8 Days' sales uncollected LO A1 The following annual account balances are taken from Armour...
QS 8-8 Days' sales uncollected LO A1 The following annual account balances are taken from Armour Sports at December 31. Accounts receivable Net sales $ 11,958 $43,738 154,258 524,748 Complete the below table to calculate the number of days' sales uncollected for the years 2016 and 2017? (Round your "Days' Sales Uncollected" to 1 decimal place.) Days' Sales Uncollected Choose Numerator: Choose Denominator: Days Days Sales Unc Days' sales uncollected 2017 2016: days days Is the company's collection of receivables...
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...
HW-CH 9 QS 9-12 Times interest earned LO A1 Park Company reports interest expense of $145,000 and income before interest expense and income taxes of $1.885,000 (1) Compute its times interest earned (2) Park's competitor's times interest earned is 4.0. Is Park in a better or worse position than its competitor to make interest payments if the economy turns bad? References Complete this question by entering your answers in the tabs below. Required i Required 2 Compute its times interest...
Aneko Company reports the following: net sales of $14,800 for Year 2 and $13,990 for Year 1; end-of-year total assets of $19,100 for Year 2 and $17,900 for Year 1. (1) Compute its total asset turnover for Year 2. Total asset turnover Choose Denominator: Choose Numerator: 1 Total asset turnover Total asset turnover times 1
QS 14-15 Raw materials inventory management LO A1 3M Co. reports beginning raw materials inventory of $855 million and ending raw materials inventory of $717 million. Assume 3M purchased $3,646 million of raw materials and used $3,784 million of raw materials during the year. Compute raw materials inventory turnover and the number of days' sales in raw materials inventory. Complete this question by entering your answers in the tabs below. Raw Materials Days Sales In Inventory turnover Raw Materials Inventory...
QS 14-17 Raw materials inventory management LO A1 Nestlé reports beginning raw materials inventory of 3,815 and ending raw materials inventory of 3,499 (both numbers in millions of Swiss francs). Assume Nestlé purchased 13,860 and used 14176 (both amounts in millions of Swiss francs) in raw materials during the year. Compute raw materials inventory turnover and the number of days' sales in raw materials inventory. Complete this question by entering your answers in the tabs below. Raw Materials Days Sales...
E9-14 Computing and Interpreting the Fixed Asset Turnover Ratio from a Financial Analysts Perspective [LO 9-7) The following data were included in a recent Papaya Inc. annual report (in millions): 2013 $80,225 2014 $133,119 2015 $185,500 2016 $194,910 Net revenue Net property, plant, and equipment 4,940 9,180 15,600 16,400 Required: 1. Compute Papaya's fixed asset turnover ratio for 2014, 2015, and 2016. (Do not round intermediate calculations. Round your answers to 1 decimal place.) Fixed Year Asset Turnover Ratio 2014...
CHIC UTIV Help QS 8-10 Days' sales uncollected LO A1 10 The following annual account balances are from Armour Sports at December 31 points bonitor Accounts receivable Net Sales Year 2 $ 100,000 $ 85,000 2,500,000 2,000,000 Complete the below table to calculate the number of days' sales uncollected for the years Year 1 and Year 2 (Round your Uncollected" to 1 decimal place.) Print Choose Numerator: Days Sales Uncollected Choose Denominator: * Days References - Year 2 Days Sales...
9781259536
QS 1-15 Computing and interpreting return on assets LO A2 In a recent year's financial statements, Home Depot reported the following results. Sales Net income Average total assets $83 billion 6 billion 40 billion Compute Home Depot's return on assets. (Enter the values in billions.) Choose Denominator Choose Numerator Net income Return on Assets Average total assets
Lok Co reports net sales of $4,415,000 for 2016 and $8,209,000 for 2017 End-of-year balances for total assets are 2015. $1,557,000; 2016, $1,766,000and 2017. $1.924,000 points Skoped (a) Compute Lok's total asset turnover for 2016 and 2017 •Book Total Asset Turnover Choose Choose Numerator: Denominator: Total Asset Turnove References 2017
QS 8-8 Days' sales uncollected LO A1 The following annual account balances are taken from Armour Sports at December 31. Accounts receivable Net sales $ 11,958 $43,738 154,258 524,748 Complete the below table to calculate the number of days' sales uncollected for the years 2016 and 2017? (Round your "Days' Sales Uncollected" to 1 decimal place.) Days' Sales Uncollected Choose Numerator: Choose Denominator: Days Days Sales Unc Days' sales uncollected 2017 2016: days days Is the company's collection of receivables...
Most questions answered within 3 hours.
-
Write a balanced chemical equation for the oxidation reaction
between Caro’s acid (H2SO5) and CN– ion...
asked 16 seconds ago -
Calculate the number of valence electrons for
[Mo(C6H6)(CO)3]
asked 10 minutes ago -
Which of the following are true about the strength of the
association between two variables?
1-...
asked 7 minutes ago -
You are a monopolist and know that your consumers have a linear
demand curve. At what...
asked 6 minutes ago -
Raising a heavy load requires work. Raising it in half the time
requires:
asked 12 minutes ago -
MGT-201: Marketing Management
Before deciding on the structure of the channel marketers must
take several factors...
asked 12 minutes ago -
1. ACLs allow a router to control traffic within a network. The
concept is very similar...
asked 14 minutes ago -
35. When the electron in a hydrogen atom falls from its first
excited energy level to...
asked 15 minutes ago -
A man is dragging a box of mass "m" by using a rope which rests
on...
asked 31 minutes ago -
Liquid octane
(CH3(CH2)6CH3) will
react with gaseous oxygen (O2) to produce gaseous carbon
dioxide (CO2) and...
asked 33 minutes ago -
For the reaction N2(g) +
O2(g) --> 2NO(g), if the initial
concentration of NO was 0.00M...
asked 36 minutes ago -
On a recent quiz, the class mean was 75 with a standard
deviation of 2.2. Calculate...
asked 52 minutes ago