How would you interpret this ratio

Assignment Help Accounting Basics
Reference no: EM13999382

Cisco Systems, Inc., reported the following information in its 2009 financial statements ($ in millions):

2088_254-B-A-I-A (3266).png

Required:

1. Calculate Cisco's 2009 fixed-asset turnover ratio.

2. How would you interpret this ratio? 

Reference no: EM13999382

Questions Cloud

Identify the types of descriptive statistics : Analyze the role that a time series might play in helping address the business
Prepare the journal entries to record the acquisition : Prepare the journal entries to record the acquisition of the land and the building.
How might disney have changed its business practices : How might Disney have changed its business practices to address the different work attitudes of international employees without sacrificing organizational goals
What is the equivalent uniform monthly cash : The cash flow associated with a stripper oil well is expected to be $3,000 in month one, $2,950 in month two, and amounts decreasing by $50 each month through year five. 1. What is the cash flow in the last month of year 5? 2. At an interest rate of ..
How would you interpret this ratio : Calculate Cisco's 2009 fixed-asset turnover ratio. How would you interpret this ratio?
Assuming that the tractor was sold : Assuming that the tractor was sold for $10,000, prepare the journal entry to record the sale.
Mason company gathered the following information from its : Mason Company gathered the following information from its accounting records and the October bank statement to prepare the October bank reconciliation: The up-to-date ending cash balance on October 31 is:
Prepare the journal entry to record the exchange : Cedric Company recently traded in an older model computer for a new model. The old model's book value was $180,000 (original cost of $400,000 less $220,000 in accumulated depreciation) and its fair value was $200,000. Cedric paid $60,000 to complete ..
Which type of price control is a binding minimum wage : Introductory economics textbooks usually first introduce the minimum wage as an application of demand and supply analysis. This initial discussion is usually based on the following assumptions: the labor market is perfectly competitive, the minimum w..

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determine the amount of interest expense

Determine the amount of interest expense that should be accrued in a year-end adjusting entry under each assumption.

  Arlington company is constructing a building construction

arlington company is constructing a building. construction began on january 1 and was completed on december 31.

  The balance sheet for crutcher corporation reported 247000

the balance sheet for crutcher corporation reported 247000 shares outstanding 300000 shares authorized and 20000 shares

  What accounts are permanent and temporary

The company's Land account had a $5,000 balance. Dividends amounted to $300. There was $1,000 of common stock issued. What accounts are permanent and which ones are temporary?

  Jonathan and dianna are a married couple and have the

1.lowes company sold a machine to a dealer for 25000. lowes bought the machine for 55000 and has claimed 15000 of

  Give an example of an asset exchange transaction

Give an example of an asset exchange transaction.

  City engineers estimated that the cost

City engineers estimated that the cost of the repairs would be about $ 350,000. If the city entered into such a contract, the total amount spent on road maintenance for the year would be greater than the amount authorized.

  Compute the return on assets and return on equity

Which company is more profitable from the stockholders perspective?

  The analysis and discussion of vulnerabilities was well

the analysis and discussion of the vulnerabilities was well received. you realize that when vulnerability scanning

  Retirement plan and distributions

Using the general rule calculates Martin's taxable income for 2011 from the retirement plan and distributions

  Alternative tax on net capital gain

Agnes is able to reduce her regular income tax liability from $40,000 to $36,000 as the result of the alternative tax on net capital gain. Agnes' tentative AMT is $50,000

  Toddu2019s garden company manufactures a fertilizer known

toddu2019s garden company manufactures a fertilizer known as great garden. the manufacturing process begins in the

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