User Account

All Pages

Firm to sell its inventory

Assignment Help Finance Basics
Reference no: EM131332373

Al's Sport Store has sales of $2,720, costs of goods sold of $2,080, inventory of $516, and accounts receivable of $426. How many days, on average, does it take the firm to sell its inventory assuming that all sales are on credit?

  • 126.3
  • 90.5
  • 69.2
  • 89.3
  • 132.9

Reference no: EM131332373

Questions Cloud

The excess return is computed as the : A stock had returns of 16 percent, 4 percent, 8 percent, 14 percent, -9 percent, and -5 percent over the past six years. What is the geometric average return for this time period? The excess return is computed as the:
Differences between common stock and preferred stock : Question 1: Outline the differences between common stock and preferred stock? Question 2: What are the differences between capital projects that are independent, mutually exclusive, and contingent?
Compute the? bond expected rate of return : You own a 20-year, $1,000 par value bond paying 6% interest annually. The market price of the bond is $825, and your required rate of return is 9%. Compute the? bond's expected rate of return. Determine the value of the bond to? you, given your requi..
Common stock and preferred stock : Question 1: Outline the differences between common stock and preferred stock? Question 2: What are the differences between capital projects that are independent, mutually exclusive, and contingent?
Firm to sell its inventory : Al's Sport Store has sales of $2,720, costs of goods sold of $2,080, inventory of $516, and accounts receivable of $426. How many days, on average, does it take the firm to sell its inventory assuming that all sales are on credit?
Explain why the policy is important to your company : ACCTG 390W- Why this policy is important to your company. Provide a detailed explanation of technical guidance with respect to this policy. Are there other alternatives or choices that might be selected for these types of transactions?
Capital budgeting project : El Dorado Storage has the following projections for Year 1 of a capital budgeting project.
Sometimes firm will issue an rfp with no intention : Now to switch things up just a bit; sometimes things aren't always what they seem. Sometimes a firm will issue an RFP with no intention of actually having a contractor complete the work.If you are a potential seller, how can you effectively respond t..
Shopping for new tires for your car : You are shopping for new tires for your car and find the following choices: a Dunlop tire costs $40 but will last only a 1 year; a Pirelli tire costs $6 and will last 2 years: a Goodyear tire costs $80 and will last 3 years; and a Michelin tire costs..

Reviews

Write a Review

Finance Basics Questions & Answers

  Assessment of diagnostics

Respond to at least one of your colleagues' posts and provide a constructive comment on their assessment of diagnostics.

  Show what was the return on his portfolio

During the year Lightco returns 10 percent, shineco returns 12 percent, and brightco loses 5 percent. what was the return on his portfolio?

  How much of this will be debt and equity

Compute the marginal cost of capital on the additional $150 million assuming the cost of debt stays the same.

  In the following scenario how long will it take me to get

in the following scenario how long will it take me to getmy money back at no interest? initial investment 150000

  What have lenders done in recent years

Why didn't this evolution address problems faced by lenders? What have lenders done in recent years to overcome these problems?

  Sales and costs in 2013 are projected to be 20 higher than

the 2012 financial statements for growth industries are presented below.income statement

  What are two components of a total holding period return

Discuss diversifiable (unsystematic risk) and non-diversifiable risk( Systematic risk) - discuss features of corporate bonds and also discuss types of bonds.

  Effects on debt service

Support your recommendations with detailed spreadsheets that simulate the effects on debt service (and profitability) under the following scenarios:

  Description of dividend discount model

Hanebury Manufacturing Company has preferred stock outstanding with par value of $50. The stock pays a quarterly dividend of $1.25 and has a current price of $71.43. Find out the nominal rate of return on preferred stock?

  Relationship between proportion of funds borrowed

How would the return on a stock be affected by a higher initial investment (and lower loan amount)? Explain the relationship between the proportion of funds borrowed and the return.

  What will be its payout ratio

The company wants to maintain a target capital structure which is 60 percent debt and 40 percent equity. The company forecasts that its net income this year will be $600,000. If the company follows a residual distribution model and pays all distribut..

  Compute the before-tax npv

Deer Valley Lodge, a ski resort in the Wasatch Mountains of Utah, has plans to eventually add 5 new chairlifts. Suppose that one lift costs $2 million, and creating the slope and installing the lift costs another $1.3 million.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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