A firm has net working capital of $620, net fixed assets of $3,450, sales of $7,800, and current liabilities of $1,100. How many dollars worth of sales are generated from every $1 in total assets?
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- A firm has net working capital of $640, net fixed assets of $2,780, and sales of $7,500. How many dollars worth of sales are generated from every $1 in total assets? AnswerGive me total assets?Suppose a firm has the following information: Operatingcurrent assets = $2.7 million; operating current liabilities =$1.5 million; long-term bonds = $3 million; net plant andequipment = $7.8 million; and other long-term operating assets =$1 million. How much is tied up in net operating workingcapital (NOWC)? ($1.2 million) How much is tied up in total netoperating capital? ($10 million)
- A firm has net working capital of $720, net fixed assets of $2,980, and sales of $7,800. How many dollars worth of sales are generated from every $1 in total assets? solve this General accounting problemA firm has $820 in inventory, $3,200 in fixed assets, $670 in accounts receivable, $390 in accounts payable, $500 in long-term debt, and $360 in cash. What is the amount of the net working capital?A firm has $680 In inventory, 52,140 in fixed assets, $210 In accounts receivables, $250 in accounts payable, and $80 in cash. What is the amount of the net working capital?
- The Blue Jay Corporation has annual sales of $5,200, total debt of $1,500, total equity of $2,800, and a profit margin of 8 percent. What is the return on assets? Provide Right AnswerThe Blue Jay Corporation has annual sales of $5,200, total debt of $1,500, total equity of $2,800, and a profit margin of 8 percent. What is the return on assets?You have the following data for a company. What is the return on assets (ROA)? Return on equity = 15%; Earnings before taxes = $150,000; Total asset turnover = 1.8; Profit margin = 10.5%; Tax rate = 30%.
- Summit Technologies has income from operations of $150,000, invested assets of $1,200,000, and sales of $2,500,000. Use the DuPont formula to compute the rate of return on investment, and show: (a) the profit margin (b) the investment turnover (c) the rate of return on investmentGeneral accountingNeed answer