Common-size income statement lists cost of goods

Assignment Help Finance Basics
Reference no: EM132541220

A firm has sales of $131,000 and inventory of $12,200. The common-size income statement lists cost of goods sold at 67 percent and depreciation at 5 percent. How long on average does it take the firm to sell its inventory?

Reference no: EM132541220

Questions Cloud

Market value per share of stock-industrial products : The firm has 24,000 shares of stock outstanding and a market-to-book ratio of 5.1. What is the market value per share of stock?
Write a job description for an operations manager : Write a job description for an operations manager in the catering industry. Cover the following areas: Brief summary of the job
What is the amount of the current liabilities : The Corner Shoppe has a current ratio of 1.4, net fixed assets of $26,800, and total assets of $32,400. What is the amount of the current liabilities?
Explain the concept free cash flow : Question - Explain the concept "free cash flow". How is it computed? Why can we not necessarily use the reported cash flow
Common-size income statement lists cost of goods : The common-size income statement lists cost of goods sold at 67 percent and depreciation at 5 percent. How long on average does it take the firm to sell
What is the firm profit margin : A firm has sales of $211,000, depreciation of $24,600, interest expense of $560, cost of goods sold of $148,900, other costs of $6,500, and a tax rate of 35 per
What happened to net working capital : What happened to net working capital during the year? (Enter your answer in millions rounded to 1 decimal place.
Create a schedule of amortization expense : Mighty Machinery changed to the straight-line method. Create a schedule of amortization expense for 2018, 2019, and 2020. All calculations must be shown
Determining the stream of income : If you were to receive $150 of income each year for an unknown period of time (indefinitely) with an interest rate of 9%,

Reviews

Write a Review

Finance Basics Questions & Answers

  Why a company would enter into an interest rate swap

The following excerpt was taken from the annual report of Bristol-Myers Squibb, a leader in pharmaceutical and health care products.

  Compute yield to maturity of bond

The bond has a coupon rate of 6.2 percent paid annually and matures in 18 years. What is the yield to maturity of this bond

  Standard deviation will have a larger beta

1. A negative beta investment should have a return less than the risk-free rate. 2. A firm with a larger standard deviation will have a larger beta.

  How do you define social entrepreneurship

How do you define social entrepreneurship? What is it and how is it different from effective strategic management? Have you been more in the camp of the social innovation school or the social enterprise school?

  How master in risk management help to improve the skills

How a master in Risk Management can help to improve or maintain the skills of an accounting manager that works in the financial reporting area of an insurance company?

  Economic stimulus methodolgy

Over the last six years the Federal Reserve has been using a economic stimulus methodolgy called "Quantitative Easing." The goal of the various QE's have been to flood financial institutions with money so they in would lend capital.

  Destruction of house

Peter has a net worth of $1,400,000. This includes a house worth $1,000,000 which would cost $800,000 to completely rebuilt

  How many years do these bonds have left until they mature

Colwood Corp. has 8% coupon bonds making annual payments with a YTM of 7.2%, current market value of $1,059.6.

  what discount rate should be used to discount

a. What discount rate should be used to discount the estimated cash flow? (Hint: Use Columbia's cost of equity to determine the market risk premium.) b. What is the dollar value of HCA to Columbia's shareholders?

  Would long-range financial planning be more important for

would long-range financial planning be more important for a capital intensive company such as a heavy equipment

  Improve production facility for existing products

A firm considers building a new and improved production facility for one of its existing products. It would be built on a piece of vacant land that the firm.

  Demonstrate how a cost of capital estimation is performed

Demonstrate how a cost of capital estimation is performed. Discuss an IPO valuation. Illustrate the effects of financial leverage on risk and return.

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd