Inventory turnover ratio-balance sheet-sales information

Assignment Help Financial Management
Reference no: EM13847191

Complete the balance sheet and sales information using the following financial data: totals assets turnover: 1.5x days sales outstanding: 41 days inventory turnover ratio: 7x fixed asset turnover:3.5x current ratio:1.7x gross profit margin on sales=20% *based on 365 day year round answer to nearest sent. Given: total assets: 200,000 long term debt: 50,000 retained earnings: 50,000

Reference no: EM13847191

Questions Cloud

Write a one-paragraph summary of given article : Read the article- "Syria's crisis looms over UN gathering of world leaders"  (http://www.sltrib.com/news/3000313-155/syrias-crisis-looms-over-un-gathering). Write a one-paragraph summary, and in another paragraph explain how this is relevant to you
Appropriate interest rate : If the appropriate interest rate is 10%, then the NPV of this opportunity is closest to:
Considering an opportunity that requires an investment : Nielson Motors is considering an opportunity that requires an investment of $1,000, 000 today and will provide $250,000 one year from now, $450,000 two years from now, and $650,000 three years from now.
Considering selling his restaurant and retiring : The owner of the Krusty Krab is considering selling his restaurant and retiring. An investor has offered to buy the Krusty Krab for $350,000 whenever the owner is ready for retirement. Sell the restaurant now and retire.
Inventory turnover ratio-balance sheet-sales information : Complete the balance sheet and sales information using the following financial data: totals assets turnover: 1.5x days sales outstanding: 41 days inventory turnover ratio: 7x fixed asset turnover:3.5x current ratio:1.7x gross profit margin on sales=2..
Essay - hills like white elephants : "Hills like white elephants" by earnest Hemingway is the story. Essay should be 650-750 words, and should include intro , thesis, and so on
Calculate the present value of the offer : Joe just inherited the family business, and having no desire to run the family business, he has decided to sell it to an entrepreneur. In exchange for the family business, Joe has been offered an immediate payment of $100,000. Joe will also receive p..
What is the total dollar amount of interest : Three years ago you purchased a corporate bond that pays 6.40 percent annual interest. The face value of the bond is $25,000. What is the total dollar amount of interest that you received from your bond investment over the three-year period? (Do not ..
Determine the profit maximizing average monthly production : Determine the profit maximizing average monthly production capacity

Reviews

Write a Review

Financial Management Questions & Answers

  Aftertax cash savings-cost of capital for such risky project

Scanlin, Inc., is considering a project that will result in initial aftertax cash savings of $1.86 million at the end of the first year, and these savings will grow at a rate of 2 percent per year indefinitely. The firm has a target debt−equity ratio..

  You have decided to pursue an mba degree either to further

you have decided to pursue an mba degree either to further your career start a new career or achieve a personal goal.

  Organisations behaviour is guided by financial data in the

organisations behaviour is guided by financial data. in the short term such data will help determine operational

  Calculate the beta of a portfolio

What is the beta of an asset with an expected return of 16%, if the risk-free rate of interest is 6% and the expected market portfolio risk premium is 6%? Accurate to two decimal places.

  What is the price of the combined test

What is the price of the combined test assuming marginal cost pricing - assume that allied wants a contribution margin of $10 per test. What price must be set to achieve this goal?

  Net present value of a project that has initial cash outflow

What is the net present value of a project that has an initial cash outflow of $12,670 and the following cash inflows? The required return is 11.5%

  Components of a financial prospectus for your venture

Prepare a 1,950- to 2,500-word paper with the following components of a financial prospectus for your venture. The Financial Prospectus must include the information you provided in the Venture Concepts Paper and Venture Budgeting and Forecasting P..

  Difference between the present values of each investment

Consider two investments that you can make. You can either buy a share of stock in a company that will pay a dividend of $ 10 every year into the foreseeable future, or a buy a special type of bond that will start paying the same $ 10 in one year, an..

  Find the present value of these cash flows

You have accumulated some money for your retirement. You are going to withdraw $53,305 every year at the end of the year for the next 28 years. How much money have you accumulated for your retirement? Your account pays you 14.98 percent per year, com..

  What does the market believe will be the stock price

You are considering an investment in Keller Corp's stock, which is expected to pay a dividend of $2.75 a share at the end of the year (D1 = $2.75) has a beta of 0.9. The risk-free rate is 5.9%, and the market risk premium is 5.5%. Keller currently se..

  Expansionary to a contractionary monetary policy

A bakery invests $34,000 in a light delivery truck. This was depreciated using the 5 years MACRS schedule shown above. If the company sold it immediately after the end of year 2 for $21,000. What would be the after-tax cash flow from sale of this ass..

  What is the taxable gain on the disposal of the equipment

An oil refinery has decided to purchase some new drilling equipment for $140,000. The equipment will be kept for 10 years before being sold. The estimated MV at the end of 10 years is $11,000. If MACRS depreciation is used, under GDS guidelines, what..

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