What is the amount of the firm net fixed assets

Assignment Help Financial Management

Reference no: EM131813284

1. A company has net income of $188,000, a profit margin of 9.90 percent, and an accounts receivable balance of $106,290. Assuming 70 percent of sales are on credit, what is the company's days' sales in receivables?

a) 8.76 days

b) 30.64 days

c) 29.19 days

d) 39.09 days

e) 20.43 days

2. The Ashwood Company has a long-term debt ratio of 0.30 and a current ratio of 1.40. Current liabilities are $930, sales are $5,165, profit margin is 9.50 percent, and ROE is 16.50 percent. What is the amount of the firm's net fixed assets?

a) $2,204.48

b) $3,717.23

c) $3,876.27

d) $1,274.48

e) $5,178.27

Reference no: EM131813284

Questions Cloud

Create a system restore point for a windows 10 system : Identify appropriate sources of information and instructions for using the Windows 10 Control Panel andSystem Restoretool.

Prepaid forward contract at prepaid forward price : Suppose an investor is willing to buy a prepaid forward contract at a prepaid forward price of $105 on a one year prepaid forward contract.

Entered into a cash-and-carry like arrangement : Suppose that you entered into a cash-and-carry like arrangement where you agreed to sell 10 shares of Apple through a forward contract,

Find the probability that the shark will remain in state : If a biologist induces a state of tonic immobility in such a shark in order to study it, find the probability that the shark will remain in this state

What is the amount of the firm net fixed assets : The Ashwood Company has a long-term debt ratio of 0.30 and a current ratio of 1.40. What is the amount of the firm's net fixed assets?

Develop a presentation that covers the ethical implications : Develop a 5-6 slide PowerPoint presentation that covers the ethical implications of social media in healthcare. Must have a reference page with 4 references.

How long would it take to pay off his credit card : if Johnson made monthly payments of $150 at the end of each month, how long would it take to pay off his credit card?

Identify two metrics that are important for you when working : Project metrics are fundamental to project risk management. Metrics are a powerful tool to assess progress and setbacks.

Probability that in a sample of returns requesting a refund : Suppose the mean length of time between submission of a state tax return requesting a refund and the issuance of the refund is 47 days.

User Account

All Pages