User Account

All Pages

What is the firm inventory turnover

Assignment Help Accounting Basics
Reference no: EM132783178

Consider a firm with net income of $160 million, revenue of $420 million, and cost of goods sold of $175 million.

problem a) If the balance sheet shows $16 million of inventory, what is the firm's inventory turnover?

problem b) Assuming that they operate 52 weeks a year, what is the firm's weeks of supply?

problem c) Within the firm's industry, the average turnover is 12 turns per year. Is the firm's performance better or worse than the industry average?

Reference no: EM132783178

Questions Cloud

Discuss and analyze the procurement cycle : Find a case study that discusses procurement, and then discuss and analyze the procurement cycle.
What is the liquidity premium for year 2 : Suppose we observe the following rates: 1R11R2E2r1 = 6.9%, = 7.8%, and () = 6.9%. If the liquidity premium theory of the term structure
By how much the company total profit increase or decrease : By how much the company's total profit increase or decrease if Office Stationery Ltd accepts the offshore order? Should it accept the special discounted offer
Describe how terrorist attack could disrupt businesses : Describe how a terrorist attack could disrupt businesses and other critical functions of a city. What could be done to mitigate the threat?
What is the firm inventory turnover : Within the firm's industry, the average turnover is 12 turns per year. Is the firm's performance better or worse than the industry average?
How you will scan and assess the scenario : Everybody is in an uproar at Hometown High School. Somebody did a job with spray cans on the high school. The graffiti looks suspiciously like something.
What is the lowest acceptable in-house price : What is the lowest acceptable in-house price the Data Department should receive to produce the part in-house at the Computer Department
Which represents a risk of financial misstatement : Which represents a risk of financial misstatement at the financial report level? The client has recently signed a contract with an engineering company
What are the different type of loss : Bereavement is the state of loss when someone close to an individual has died. The death of a loved one is one of the greatest sorrows that can occur in one's.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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