Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Strickler Technology is considering changes in its working capital policies to improve its cash flow cycle. Strickler sales last year were $3,250,000 (all on credit), and its net profit margin was 7%. Its inventory turnover was 9.0 times during the year, and its DSO was 41 days. Its annual cost of goods sold was $1,895,000. The firm had fixed assets totaling $535,000. Stricklers payables deferral period is 45 days.
a. Calculate Stricklers cash conversion cycle.
b. Assuming Strickler holds negligible amounts of cash and marketable securities, calculate its total assets turnover and ROA.
c. Suppose Stricklers managers believe the annual inventory turnover can be raised to 12 times without affecting sales. What would Stricklers cash conversion cycle, total assets turnover, and ROA have been if the inventory turnover had been 12 for the year?
Reinegar Corporation's has just issued a 25 year par bond with a 10% semi-annual coupon. The company's bankers assure Rienegar management that it can raise $3,000,000 by issuing 25-year Original Issue Discount (OID) bonds bearing a 6.25% semia..
Aunt Tillie has deposited $33,000 today in an account which will earn 10 percent annually. She plans to leave the funds in this account for seven years. If the goal of this deposit is to cover a future obligation of $65,000, what recommendations w..
Corporation just completed a 3 for 1 stock split. Prior to the split, the stock price was $120 per share. The total market value increased by 5 percent as a result of the split.
Dividens are expected to continue growing at a rate of 5.5% per year into the indefinite future. If the firm's tax rate is 30%, what discount rate should you use to evaluate the equipment purchase?
Micromanagement, Inc. has 8 million shares of stock outstanding and will report earnings of $20 million in the current year. The Corporation is planning the issuance of two million additional shares that will net $30 per share to the corporation.
What are requirements of the OMB Circular A-94 in calculating benefit-cost ratios of public sector projects funded by the Federal Highway Administration? I need more details.
Determine the expected return on a portfolio if an equal amount is invested in each stock? What would be expected return if 50% of your funds.
working capital is money to be used for daily operations and any debt that a company may have.nbsp who should be making
Suppose that the company sold 8,000 units during the ear. What would the variable costing net income have been? What would the full costing net income have been?
On April 30, 2010, one year before maturity, Red Products, Inc. retired $150,000 of 8% bonds payable at 103. The book value of the bonds on April 30 was $144,600. Bond interest was last paid on April 30, 2010. What is the gain or loss on the retir..
explain capital budgeting and differentiate between short-term and long-term budgeting decisions. explain the payback
rossdale inc. had additions to retained earnings for the year just ended 575000. the firm paid out 140000 in cash
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd