Reference no: EM131208382
Selected data from Komar Company follow. Balance Sheet As of December 31 2014 2013 Accounts receivable $ 404,000 $ 378,000 Allowance for doubtful accounts (20,200 ) (15,120 ) Net accounts receivable $ 383,800 $ 362,880 Inventories, lower of cost or market $ 481,000 $ 440,000 Income Statement for the Years Ended December 31 2014 2013 Net credit sales $ 2,014,000 $ 1,758,000 Net cash sales 412,000 303,000 Net sales 2,426,000 2,061,000 Cost of goods sold 1,592,000 1,420,000 Selling, general, and administrative expenses 239,900 214,500 Other expenses 40,500 23,200 Total operating expenses $ 1,872,400 $ 1,657,700
Required a. Compute the accounts receivable turnover for 2014. (Round your answer to 2 decimal places.)
b. Compute the inventory turnover for 2014. (Round your answer to 2 decimal places.)
c. Compute the net margin for 2013. (Round your answer to 2 decimal places.)
|
What is internal generated voltage per phase inside motor
: A 4.12 kV, 60 Hz, 3000-hp 0.8-PF-leading, Δ-connected, three- phase synchronous motor has a synchronous reactance of 1.1 per unit and an armature re at rated voltage with a line current of 300 A at 0.85 PF leading, what is the internal generated v..
|
|
Design of a research study
: Strategic Financial Project [PAM006] - The focus is the design of a research study. Your response to the requirement must be between 3,000 and 3,500 words. Penalties apply for exceeding the word count. No formal penalties apply for using fewer than..
|
|
Difference between a profit center and an investment center
: The difference between a profit center and an investment center is
|
|
Find average arithmetic and geometric based on real returns
: Compute average arithmetic, average geometric, and standard deviation based on nominal returns. Compute average arithmetic, average geometric, and standard deviation based on real (inflation adjusted) returns.
|
|
Compute the accounts receivable turnover-inventory turnover
: Selected data from Komar Company follow. Balance Sheet As of December 31 2014 2013 Accounts receivable $ 404,000 $ 378,000 Allowance for doubtful accounts (20,200 ) (15,120 ) Net accounts receivable $ 383,800 $ 362,880 Inventories, lower of cost or m..
|
|
Executive and legislative shared powers
: Provide a case study paper, which examines the process of the shared powers between the executive and legislative federal branches of government as it relates to this particular article. You will want to relate the case study to what you have lear..
|
|
Write the given paper assignment on the topic of humanities
: Write the given paper assignment on the topic of Humanities. - Coose two people to compare and contrast for the project.
|
|
Conduct strategic analysis of this business or organization
: You are required to conduct a strategic analysis of this business or organization. This should involve external and internal environmental scanning, including PESTEL, Five- forces analysis, Stakeholder analysis, internal strength-weakness and SWOT..
|
|
Find the following quantities for this machine
: A 2300-V, 400-hp, 60-Hz, eight-pole, Y-connected synchronous motor has a rated power factor of 0.85 leading. At full load, the efficiency is 90 percent.
|