What is theinventory turnover ratio

Assignment Help Financial Management

Reference no: EM131339069

You are given the following financial data for company A: Cash =$5,000; inventories = $1,000; account receivable = $700; othercurrent assets = $500; long term assets = $1,000; accounts payable= $800; other current liabilities = $4,000; long term liabilities =$1,000; net income = $1,200; total revenue = $8,000; EBIT = $3,000;interest income = $400; and interest expense = $600. What is theinventory turnover ratio

Reference no: EM131339069

Questions Cloud

Financial data for company-what is the debt ratio : You are given the following financial data for company A: Cash =$5,000; inventories = $1,000; account receivable = $700; othercurrent assets = $500; long term assets = $1,000; accounts payable= $800; other current liabilities = $4,000; long term liab..

Describe strain theory and how it is related to the concept : Describe strain theory and how it is related to the concept of anomie studied earlier.?Explain the concept of social capital and its use in criminological theory.?Discuss developmental theories in general and the research evidence on them.? Highlight..

Topology of the internet : The Internet is made up of a large number of networks. Their arrangement determines the topology of the Internet. A considerable amount of information about the Internet topology is available on line. Use a search engine to find out more about the..

How much will accumulated by the end of the eighth year : Assuming that Lancer invests these payments at an annual rate of 9 percent, how much will it have accumulated by the end of the eighth year?

What is theinventory turnover ratio : You are given the following financial data for company A: Cash =$5,000; inventories = $1,000; account receivable = $700; othercurrent assets = $500; long term assets = $1,000; accounts payable= $800; other current liabilities = $4,000; long term liab..

Identify a major information security incident : Identify a major information security incident that has occurred in the recent past (within the last five years). If possible, identify a breach that occurred in, or otherwise impacted, the Middle East. Review and analyze your chosen incident along t..

What is the break-even EBIT : DAR Corporation is comparing two different capital structures: an all-equity plan (Plan I) and a levered plan (Plan II). Under Plan I, the company would have 200,000 shares of stock outstanding. Under Plan II, there would be 150,000 shares of stock o..

How much will deposited in a savings account : How much will $1,000 deposited in a savings account earning a compound annual interest rate of 6 percent be worth at the end of the following number of years?

Different capital structures-an all-equity plan-levered plan : James Corporation is comparing two different capital structures: an all-equity plan (Plan I) and a levered plan (Plan II). Under Plan I, the company would have 160,000 shares of stock outstanding. If EBIT is $350,000, Plan I's EPS is $ while Plan II'..

User Account

All Pages