What were borodin annual sales

Assignment Help Finance Basics
Reference no: EM132443246

Problem: The Borodin's Company had a quick ratio of 1.1, a current ratio of 3.5, a days sales outstanding of 30.5 days (based on a 365-day year), total current assets of $560,000, and cash and marketable securities of $115,000.

What were Borodin's annual sales? Round your answer to the nearest cent.

Reference no: EM132443246

Questions Cloud

Minimize her borrowing cost and maximize her flexibility : Marissa is considering a student loan. Explain her options. How can she best minimize her borrowing cost and maximize her flexibility.
Explain the sarbanes-oxley act : Explain the Sarbanes-Oxley Act and its impact on corporate governance. How has it changed the way leaders do business in the United States?
Two-stage dividend discount model : The first step in using the Two-Stage DDM is to estimate a first-stage growth rate in dividends, g1, and the period that you expect the g1 level of growth
Value Based Leadership Question : Value Based Leadership Question - How do personal values and morals correlate with the principles of servant leadership
What were borodin annual sales : The Borodin's Company had a quick ratio of 1.1, a current ratio of 3.5, a days sales outstanding of 30.5 days (based on a 365-day year)
What is the company net income : What is the company's net income? Assuming no changes to any of the Balance Sheet accounts, what is its net cash flow?
What is georgetown market-book ratio : What is Georgetown market/book ratio? Round your answer to two decimal places. Do not round intermediate calculations.
How architecture of the theatre impact the performance : How does that compare to the way you would expect to see those same scenes portrayed in a contemporary production on a proscenium stage?
Examine whether online gaming can cause aggression : Question - Write an essay using the MLA format where you examine whether online gaming can cause aggression

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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