User Account

All Pages

Inventory assuming that all sales are on credit

Assignment Help Finance Basics
Reference no: EM131054267

Al's Sports Store has sales of $2,840, cost of goods sold of $2,070, inventory of $536, and accounts receivable of $429. How many days, on average does it take the firm to sell its inventory assuming that all sales are on credit?

Reference no: EM131054267

Questions Cloud

Common-size statement value of inventory : A firm has sales of $1,260, net income of $190, net fixed assets of $524, and current assets of $342. The firm has $96 in inventory. What is the common-size statement value of inventory?
What about referential triggered actions : What about referential triggered actions?
Social-sexual interactions between males and females : 1. Assume that it would be possible to transport a group of young children ( say, ages six to nine) to a hospitable but uninhabited Island. Assume further that the children have a common language but absolutely no knowledge about sexuality and the..
What is the return on equity : Reliable Cars has sales of $4,090, total assets of $3,150, and a profit margin of 5 percent. The firm has a total debt ratio of 42 percent.. What is the return on equity?
Inventory assuming that all sales are on credit : Al's Sports Store has sales of $2,840, cost of goods sold of $2,070, inventory of $536, and accounts receivable of $429. How many days, on average does it take the firm to sell its inventory assuming that all sales are on credit?
Which are required and which are optional : Describe the four clauses in the syntax of a simple SQL retrieval query. Show what type of constructs can be specified in each of the clauses
Single-step or multiple-step income statement : Identify the type of income statement: Is it a single-step or multiple-step income statement? Are there any extraordinary items or discontinued operations on the income statement?
What purpose photographic placards in crime scene photograph : What is the purpose of photographic placards (references) in a crime scene photograph? What is the purpose of taking two sets of photographs, one with placards, and one without?
Dollars worth of sales are generated : A firm hs net working capital of $462, net fixed assets of $2,217, sales of $6,000, and current liabilities of $800. How many dollars worth of sales are generated from every $1 in total assets?

Reviews

Write a Review

Finance Basics Questions & Answers

  Find future value at the end of year six for annuity x and y

Find the future value at the end of year 6, FVA6, for both annuity X and annuity Y. Use your finding in part b to indicate which annuity is more attractive. Why? Compare your finding to your subjective response in part a.

  How much interest was included in the first payment

How much interest was included in the first payment? How much repayment of principal was included? How do these values change for the second payment?

  Human resources in a global technological environment

Now let us take a look at what it takes to put it all together. How do you manage human resources in a global technological environment? How can an organization be strategic with their most important resource - their people? Explain your answer. Y..

  All of the following are major disadvantages of the

question 1 all of the following are major disadvantages of the percent-of-sales method of financial forecasting

  Calculation of cost of preferred stock capital for wacc

Calculation of cost of preferred stock capital for WACC and What is the firm's cost of preferred stock

  Set up a bank compromise explanation

At the point when parity according to pass book (positive) is given,Mrs.Jame's pass book,you are obliged to set up a Bank compromise explanation and discover the equalization according to money book.

  What must the beta be for the other stock in your portfolio

You own a portfolio equally invested in a risk-free asset and two stocks. One of the stocks has a beta of 1.25 and the total portfolio is equally as risky as the market.

  Procedures and budgeted costs

If the forecasted volume increased to 12,000 procedures and budgeted costs increased to $440,000, while all other variables remained constant, what price should be established?

  Calculating ratios calculate the following ratios for lake

Calculating Ratios Calculate the following ratios for Lake of Egypt Marina, Inc., as of year-end 2015. (LG3-1 through LG3-5)

  What is the required rate of return on zoro stock

Zoro Corporation has a beta of 2.0. The risk-free rate of interest is 5%, and the return on the stock market overall is expected to be 13%. What is the required rate of return on Zoro stock?

  Compute expected return on a portfolio

Determine the expected return on a portfolio if an equal amount is invested in each stock? What would be expected return if 50% of your funds.

  What is the present estimation of money streams

In the event that the pipeline is utilized everlastingly, what is the present estimation of its money streams

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