2.13 Pushem Down clearing contractors purchases a dozer with a delivered price of $470,000. The company...
Have number #3 answered. confused on #4.
3. Asphalt Pavers, Inc., purchases a loader to use at its asphalt plant. The purchase price delivered is $235,000. Tires for this machine cost $24,000. The company believes it can sell the loader after 7 yr (3,000 hr/yr) of service for $79,000. There will be no major overhauls. The company's cost of capital is 6.3%. What is the hourly depreciation part of this machine's ownership cost? Use the time value method to calculate...
CASE 1-5 Financial Statement Ratio Computation Refer to Campbell Soup Company's financial Campbell Soup statements in Appendix A. Required: Compute the following ratios for Year 11. Liquidity ratios: Asset utilization ratios:* a. Current ratio n. Cash turnover b. Acid-test ratio 0. Accounts receivable turnover c. Days to sell inventory p. Inventory turnover d. Collection period 4. Working capital turnover Capital structure and solvency ratios: 1. Fixed assets turnover e. Total debt to total equity s. Total assets turnover f. Long-term...