Calculate firms expected fixed assets turnover ratio

Assignment Help Corporate Finance

Reference no: EM1347538

Girard Inc. had sales of $1,120,000 last year on fixed assets of $270,000. However, Girard's fixed assets were being used at only 90% of capacity. What is Girard's current fixed assets turnover ratio?
3.87x, 4.06x, 4.15, 3.69x or 4.24x (4.15x)

How much sales could Girard have supported given its current level of fixed assets?
1,077,778
1,050,000
1,105,556
1,244,444
1,300,000

(1,050,000)

Girard is forecasting sales growth of 20% for this year. If existing and new fixed assets are utilized at 100% capacity, what is the firm's expected fixed assets turnover ratio for this year?

4.61x, 3.99x, 3.89x, 4.40x, 4.71x (3.89x)

Reference no: EM1347538

Questions Cloud

Approaches to short-term financing problem : Discuss the three approaches to short-term financing problem and provide relevant examples of each.

Assumptions behind cost-volume-profit analysis : What are some of the critical assumptions behind Cost-Volume-Profit Analysis and why is CVP typically employed by organizations more often than time value money tools?

Define which beaker of water has higher temperature : A child attempts to drink water by a 100 long straw but finds that water rises only 75 .By how much has the child reduced the pressure in her mouth below atmospheric pressure.

Cvp analysis-breakeven analysis : JetSet Machinations, Inc. expects to become very successful in manufacture and sales of its fuel-efficient high speed airplane, the S2S-900. This plane will be sold at about $70 million per plane.

Calculate firms expected fixed assets turnover ratio : Girard Corporation had sales of 1,120,000 dollar past year on fixed assets of $270,000. However, Girard's fixed assets were being used at only 90 percent of capacity.

Long-term incentive plans and strategic goals : Give an example how long term incentive plans have helped a company meet their strategic goals. Explain whether or not you believe most long term incentives are attainable.

Teamwork and motivation : Teamwork and Motivation - Imagine that you are the owner of a small manufacturing company. Your company manufactures a commodity, widget.

How much profit will the perfectly competitive firms earn : Explain how much profit will the perfectly competitive firms earn. How much profit will the monopoly firm earn.

Find electric field between the plates changing : A light spring of force constant k = 156 N/m rests vertically on the bottom of a large beaker of water. A 5.55-kg block of wood (density = 650 kg/m3) is connected to the spring, and block-spring system is allowed to come to static equilibrium. Wha..

User Account

All Pages