What is the value of inventory turnover

Assignment Help Finance Basics
Reference no: EM133071739

Large Company

 

Net sales

 $379,420

Cost of sales

 $163,100

Gross profit

 $216,320

Selling, general, and administrative expenses

 $146,610

Operating income

 $69,720

Net income

 $41,610

Cash and cash equivalents

 $50,480

Net receivables

 $17,400

Inventories

 $223,430

Total current assets

 $315,160

Property and equipment

 $81,880

Other assets

 $66,040

Total assets

 $463,090

Accounts payable

 $29,540

Stockholder equity

 $261,130

What is the value of Inventory Turnover(INVT)? (Choose the closest)

Reference no: EM133071739

Questions Cloud

Calculate the delta of the option : Stock A is trading for $150. Consider an option that allows you to buy the stock for $150. What type of option is it, and in which state is it at?
Prepare the entry to record the cost of the ore mine : Question - Diamond Company acquires on are mine at a cost of $1,300,000. Prepare the entry to record the cost of the ore mine
What does the cost of capital represent : Instruction: Please show your work (explain how you arrived at the answer). You are encouraged to use Excel for computation. You can submit your report in Word,
CE802 Machine Learning Assignment : CE802 Machine Learning Assignment Help and Solution, University of Essex - Assessment Writing Service - Design and Application of a Machine Learning System
What is the value of inventory turnover : What is the value of Inventory Turnover(INVT)? (Choose the closest)
Find Hartman unlevered beta : Hartman Motors has $20 million in assets, which were financed with $5 million of debt and $15 million in equity. Find Hartman unlevered beta
Calculate xyz firm cash conversion cycle : You need to compute XYZ company's cash conversion cycle. Looking at the financial statements, you observe that last year average inventory was $23,600, accounts
Explain the short-term financing : Assuming the company maintains its target cash balance at $135,000, what sales growth rate would result in a zero need for short-term financing?
What uniform annual amount can the company spend : If the company spent only $52,000 in year 1, what uniform annual amount can the company spend in each of the next 4 years

Reviews

Write a Review

Finance Basics Questions & Answers

  Substitution for current healthcare infrastructure

When you reflect upon a single-payer health care system where the government provides universal care, what economic issues would that type of system address if

  You bought 2000 shares of tilleyrsquos stock 748 per

you bought 2000 shares of tilleyrsquos stock 7.48 per share and with a 1 broker commission on your purchase. what is

  What is the future value

What is the future value of a 9%, 5 year annuity due that pays 300 each year?

  What is bitcoin

On January 15th, 2018 Bitcoin was trading on the Coinbase exchange located in San Francisco at a price of US$12,979.87 per Bitcoin.

  Memorandum analyzing the use of databases

Memorandum analyzing the use of databases in your organization. Include what database applications are used

  Describe the performance of the teams

Describe the performance of the teams, both numerically and graphically. Include these in a report to the directors of the league to review the year's performance.

  What is the value of the levered firm

The tax rate is 34 percent and the current cost of equity is 17.2 percent. What is the value of the levered firm?

  What is prepayment risk how does prepayment risk affect the

what is prepayment risk? how does prepayment risk affect the cash flow stream on a fully amortized mortgage loan? what

  What is the difference between a 401-k and an ira

What is the difference between a 401-K and an IRA? Should I have both? Can I have both? How does a 401-K fit into retirement planning and how does an IRA fit into retirement planning?

  What is the variance of portfolio

Solve for the minimum variance portfolio (i.e., what are the weights in A and B of the minimum variance portfolio). What is the variance of this portfolio?

  Find what is the current price of the bond

23 years ago, Blue Lake Corp. issued 30 year to maturity zero-coupon bonds with a par value of $5,000. The current interest rate on this type of bond is 8.76 percent, compounded annually. What is the current price of the bond?

  Describe the appearance of five organs

Name and describe the appearance of five organs you found in the frog?

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