Policy of just-in-time inventory management

Assignment Help Financial Management

Reference no: EM131459375

Minden co has current assets of $180,000 (cash: $20,000, AR $70,000, INV $90,000), and long term assets that had cost $400,000, with accumulated depreciation to date of $180,000. Sales were $500,000, and operating profit was $50,000. Tax was $20,000 and interest paid was $10,000. If minded changed to a policy of just-in-time inventory management, their inventory turnover ratio would: a) decrease; b) stay the same: increase; c) increase; d) there is insufficient information.

Reference no: EM131459375

Questions Cloud

Examine some of your own goals : Examine some of your own goals. How did you set them? Were they effective motivating your performance?

The price to earnings ratio : A dividend of $10,000 was paid to common shareholders. There are 1,000 hares in issue, and the share price is $240 per share. The price to earnings ratio is:

Describe the similarities between the two stock exchanges : In your own words, please identify two different stock exchanges in the United States. Describe the similarities and differences between the two stock exchange.

Underlying functions that guide the concept of management : Briefly define the five underlying functions that guide the concept of management.

Policy of just-in-time inventory management : If minded changed to a policy of just-in-time inventory management, their inventory turnover ratio would:

Discuss whether communication will become more complex : Discuss whether communication will become more complex, or less complex, and why. Address what role technology will play in the communication of thoughts.

What makes a strong manager : What skills and traits do you believe make a good manager? Do you think these skills and traits are learned or innate

What are the limitations to forecasting at ogden publication : "One thing we do differently here than people do in most businesses is we don't budget, we forecast," claims Bryan Welch, publisher and editorial director.

What weight should you use for debt in the computation : OMG Inc. has 7 million shares of common stock outstanding, What weight should you use for debt in the computation of OMG’s WACC?

User Account

All Pages