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Torrid Romance Publishers has total receivables of $3,040, which represents 20 days' sales. Total assets are $73,000. The firm's operating profit margin is 5%. Find the firm's ROA and asset turnover ratio. (Use 365 days in a year. Do not round intermediate calculations. Round your final answers to 2 decimal places.)
Asset turnover ratio?
ROA%?
From the first e-Activity, examine and evaluate the disparity of your state's budget allocation for education and property tax to the various localities.
In terms of the basic accounting equation, explain how NIKE accounts for prepaid expenses. What is the dollar value of prepaid expenses on the 2009 and 2008 balance sheets?
You have been asked to evaluate two different machines and provide a recommendation to your boss.
1. which of these items are liabilities of white glove cleaning service?a cash..b accounts payablec dividendsd accounts
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Fielding has no short-term as of March 1st 2008. Assume that the interest rate on short term borrowing is 1% per month. What is fielding's projected loss for april?
A portfolio is invested 29.8% in Stock A, 10.9% in Stock B, and the remainder in Stock C. The expected returns are 14.6%, 24.5%, and 8.8% respectively. What is the portfolio's expected returns?
As a potential borrower, you decide to compare their effective annual rates. First National Bank's business loans have an EAR of percent, whereas First United Bank's loans have an EAR of percent.
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The Balance Sheet is a financial snap shot of a company at a particular point in time. The Balance Sheet lists the assets, liabilities, and equity of the company. Reflect on your personal financial situation, can you apply the concepts of the Ba..
Liabilities are simply $700 million in demand deposits. If the reserve requirement is 10%, how much must the bank hold in reserve accounts at the Fed?
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