Reference no: EM132795929
Toro is a local, publicly traded firm engaged in the business of manufacturing turf management products. Toro reported the following information about a recently ended fiscal year (dollars in thousands):
Cash $310,256 Accounts Payable $211,752
Accounts Receivable 183,073
Inventory 328,992 Long Term Debt $305,629
Plant, Property and Equipment 235,230 Common Equity $540,170
Total $1,057,551 $1,057,551
Sales for year totaled $2,505,176 and Cost of Goods Sold was $1,584,339. At the same sales and COGS level, how much capital (cash) could Toro free up if it reduced its Inventory Days Outstanding by 20 days? What would be the resulting Debt/Equity ratio if Toro used that capital to buy back common stock? (Note: make sure you calculate inventory days outstanding to 2 decimal places).
|
Calculate days of ar outstanding for 2017 and 2018
: CH Robinson ("CHRW") is a local, publicly traded firm engaged in the business of third party logistics. CHRW recorded the following information about their last
|
|
Explain how ebitda multiple can be calculated
: i. Discuss for which firms EBITDA can be used, instead of FCF, for investment analysis and valuations and why?
|
|
What is the effect on the ?nancial statements as a result
: Gillett Company, What is the effect on the 2019 ?nancial statements as a result of incorrectly expensing instead of capitalizing the $5000 cost?
|
|
What was the value of a share of sun interbrew
: These are based on the Harvard Business Case- SUN Brewing (B): 1. What was SUN Interbrew's Total Enterprise Value as of July 31, 2004?
|
|
Calculate inventory days outstanding
: Toro is a local, publicly traded firm engaged in the business of manufacturing turf management products. Toro reported the following information about a recentl
|
|
Which miralax company will record
: On Sept 1, 2019 Miralax Company will record which of the following? On September 1, 2019, Miralax Company signed a one-year noninterest bearing
|
|
Find the current value of a portfolio
: The price of an American call on a non-dividend-paying stock is $4.
|
|
Should thunder make or buy the part
: Should Thunder make or buy the part? Thunder can purchase 15000 units of part 3741 for $34 each. If the part is purchased, Thunder can make another product
|
|
What is more stressful for the police officer
: What is more stressful for the police officer - working the street or dealing with the agency administration? Why so? What can be done by the police.
|