A company's income is $73,000. Sales are 1,200,000 and ROI is 17%. Find turnover and average total assets.
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Find turnover and average total assets? General accounting
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- Please help me to compute turnover for the year was....show calculationA company reports the following:Sales $1,800,000Average total assets 1,125,000Determine the asset turnover ratio. Round to one decimal place.A company reports the following: Sales $10,975,200Average total assets $1,371,900 Determine the asset turnover ratio. Round your answer to one decimal place.
- Financial accountingScranton Paper Company generates $.97 in sales for every $1 invested in total assets. Which one of the following ratios would reflect this relationship? Multiple Choice Receivables turnover Equity multiplier Profit margin Return on assetsA company has a gross profit margin of 45 %, cost of goods sold of $5 million, total debt of $5 million, and total equity of $5 million. What is its total asset turnover ratio?
- A company roi is 12.6% average assets are solved this question general accountingGeneral Accounting questionProfit Margin, Investment Turnover, and ROI Cash Company has income from operations of $55,704, invested assets of $211,000, and sales of $506,400. Use the DuPont formula to compute the return on investment. If required, round your answers to two decimal places. a. Profit margin b. Investment turnover c. Return on investment
- Jefferson Memorial Hospital is an investment center as a division of Hospitals United. During the past year, Jefferson reported an after-tax income of $7 million. Total interest expense was $3,400,000, and the hospital tax rate was 30%. Total assets totaled $70.3 million, and non-interest-bearing current liabilities were $23,300,000. The required rate of return established by Jefferson is equal to 17% of invested capital. What is the residual income of Jefferson Memorial Hospital? Enter your answer in whole dollar.During the current year, Sokowski Manufacturing earned income of $263,340 from total sales of $3,990,000 and average capital assets of $10,500,000. A. Based on this information, calculate asset turnover. If required, round your answer to two decimal places. fill in the blank 1 times B. Assume sales margin is 6.6%, what is the total ROI for the company during the current year?. If required, round your answer to one decimal place. fill in the blank 2%If a company has sales of $1,300,000 and inventory of $245,000 and net income of $85,000, what is their inventory turnover?
