A firm has net working capital of $980, net fixed assets of $4,418, sales of $9,250, and current liabilities of $1,340. How many dollars worth of sales are generated from every $1 in total assets? a. $2.92 b. $1.81 c. $2.36 d. $1.50 e. $1.37
Q: Answer this financial accounting question
A: Explanation of Profit Margin:Profit margin measures the percentage of revenue that a company retains…
Q: Please give me answer general accounting question
A: Step 1: Define Bad DebtBad debt can be defined as the account receivable that is unrecoverable for…
Q: Please help me this question general accounting
A: The credit sales made during the year should be computed by using the Accounts Receivable Turnover…
Q: General Accounting question
A: Step 1: Define Inventory Holding CostInventory holding cost refers to the total cost incurred for…
Q: How much was the equity of zenith mining corp worth ?
A: Step 1: Definition of EquityEquity represents the ownership interest held by shareholders in a…
Q: Give me correct answer the general accounting question
A: Step 1: Define Gross Profit and Gross Profit RatioGross Profit: The difference between net sales and…
Q: I need this question answer general Accounting
A: Step 1: Define Account ReceivableThe amount of those goods or benefits the buyer has received but…
Q: Total July sales are anticipated??
A: To calculate the total sales for July, you need to multiply the number of units expected to be sold…
Q: Problm related to General accounting
A: Explanation of Return on Assets (ROA): This is a financial ratio that shows how efficiently a…
Q: On January 1, 2024, Wright Transport sold four school buses to the Elmira School District. In…
A: If you have any clarifications (i.e., expand the explanation) or want different, expanded, or…
Q: NO WRONG ANSWER
A: Explanation of Total Manufacturing Cost:Total manufacturing cost refers to the total cost incurred…
Q: How much is your total on these financial accounting question?
A: Step 1: Define Indirect TaxesThe overall tax levied by a government may be bifurcated into two…
Q: Provide the following information?
A: Step 1: Define What Is Average Collection PeriodA company's average collection period represents the…
Q: Hi expert please give me answer general accounting question
A: Step 1: Definition of Degree of Operating LeverageThe Degree of Operating Leverage (DOL) measures…
Q: Can you please give me correct answer this general accounting question?
A: Step 1: Information givenCurrent assets = $6,800Net fixed assets = $28,400Current liabilities =…
Q: What is the proper classification of the gain ?
A: Step 1: Define Taxable Gains on the Sale of a Business AssetThe tax treatment of the gains or losses…
Q: Quick answer of this accounting questions
A: Step 1: Definition of Earnings Per Share (EPS)Earnings Per Share (EPS) is a measure of a company's…
Q: Subject:- General Accounting
A: Option A is incorrect. Units started and completed will be 100% completed as to materials and…
Q: Variable cost
A: Explanation of Break-Even Sales (Units):Break-even sales (units) represent the number of units a…
Q: Hi experts please provide answer this general accounting question without use Ai
A: Step 1: Definition of Over-Applied and Under-Applied OverheadOver-Applied Overhead: Occurs when the…
Q: Financial Accounting Question no. 2 : You own 560 shares of Maslyn Tours stock that sells for $64.57…
A: Step 1: Define Dividend IncomeThe total income on a stock investment can be categorized into…
Q: Gm has a market value of... Please provide answer this financial accounting question
A: To calculate the weights of equity and debt for WACC, we use the formula: Weight of Equity…
Q: Please solve this question general accounting
A: Step 1: Define Direct Labor VariancesDirect Labor Variances can be due to differences in the prices…
Q: Kindly help me with general accounting question
A: Step 1: Define Net Profit MarginNet profit margin calculates the total profit the company has made…
Q: 5 PTS
A: Explanation of Stockholders' Equity:Stockholders' equity represents the residual interest in a…
Q: If $8,400 was the beginning inventory, purchases were $14,000, and sales were $12,600, how much was…
A: Explanation of Beginning Inventory:Beginning inventory is the value of goods a business has in stock…
Q: Compute it's return on equity for 2015 ??
A: The question requires the determination of the ROE. Return on equity or ROE is a measure of a…
Q: General accounting
A: Step 1: Definition of Inventory Turnover RatioThe Inventory Turnover Ratio measures how efficiently…
Q: Harrison tools inc. Manufactures drills that sell for... Please answer the general accounting…
A: Step 1: Define Total Manufacturing CostThe total manufacturing cost per unit includes all costs…
Q: Quick answer of this accounting questions
A: Step 1: Definition of Return on Common Equity (ROCE)Return on Common Equity (ROCE) measures the…
Q: The total cost that would be recorded on the job cost sheet for Job 593 would be:
A: To calculate the total cost for Job 593, we sum up the direct materials cost, direct labor cost, and…
Q: Financial Accounting
A: Step 1: Define Shareholders' EquityShareholders' Equity (also known as Stockholders' Equity)…
Q: What will be the level of account receivables following the change ?
A: Step 1: Define Accounts ReceivableWhen the product is given to the purchaser on credit by the…
Q: Please solve this question general accounting
A: Step 1: Define Asset Turnover RatioEvery firm purchase different assets to conduct its operations to…
Q: General accounting
A: Step 1: Define Account ReceivableWhen a company sells its products to the customers on credit then…
Q: I won't to this question answer general Accounting
A: Given Data:Standard hours per tune-up = 1.90 hoursStandard rate = $6.60 per hourStandard cost per…
Q: Need help with this accounting questions
A: Step 1: Definition of the High-Low MethodThe high-low method is used to estimate variable and fixed…
Q: The Maxit Corporation has a standard costing system in which variable manufacturing overhead is…
A: To solve for the standard number of machine hours allowed, we need to use the relationship between…
Q: In a certain standard costing system, the following results occurred last period: total labor…
A: To calculate the number of direct labor hours used, we use the relationship between the total labor…
Q: Kindly help me with accounting questions
A: Step 1: Definition of Variable OverheadVariable overhead refers to indirect production costs that…
Q: Get correct answer accounting questions
A: Step 1: Definition of Cash Received from CustomersCash received from customers represents the total…
Q: General accounting
A: Step 1: Definition of Total AssetsTotal Assets represent everything a company owns that has monetary…
Q: I need answer
A: Explanation of Total Manufacturing Cost:The total manufacturing cost represents the total expenses…
Q: Victory Company uses a weighted-average process costing to account for its production costs.…
A: To determine the equivalent units of production (EUP) for direct materials and conversion costs…
Q: Sales returns account at the end of 2013 ?
A: Step 1:Bad debts is the amount that cannot be recovered from the credit sales. When the goods are…
Q: Please give me correct answer this general accounting question
A: The total costs to be accounted for can be computed by using two methods:Method 1: Total Costs to be…
Q: Don't use ai given answer accounting questions
A: Step 1: Definition of Gross MarginGross margin is the difference between sales revenue and the cost…
Q: Provide general account answer
A: Step 1: Understand the Accounting EquationThe fundamental accounting equation is:…
Q: General Account
A: Detailed explanation:The marketing department is primarily responsible for incurring a sales volume…
Q: ?
A: Direct CostsThese are costs directly associated with the production of one chainsaw.Direct…
Right answer
Step by step
Solved in 2 steps
- Chasse Building Supply Inc. reported net cash provided by operating activities of $243,000, capital expenditures of $112,900, cash dividends of $35,800, and average maturities of long-term debt over the next 5 years of $122,300. What is Chasses free cash flow and cash flow adequacy ratio? a. $94,300 and 0.77, respectively c. $130,100 and 1.06, respectively b. $94,300 and 0.82, respectively d. $165,900 and 1.36, respectivelyAMT. Inc.'s net income for this quarter is $500,000. The publicized return on assets (ROA) is 34.5 % . Estimate the firm's total asset to the closet possible. a. $1,500,000 c. $2,450,000 b. $ 1,450,000 d. $2,005,500A firm has net working capital of $580, net fixed assets of $2,326, sales of $6,900, and current liabilities of $890. How many dollars worth of sales are generated from every $1 in total assets?
- Please I need this general account question answerA company has net income of $300,000, net sales of $2,500,000, and total assets of $2,000,000. Its return on total assets equals a. 6.7%. c. 8.3%. e. 15.0%. b. 12.0%. d. 80.0%.14. Briggs Company has operating income of $33,516, invested assets of $133,000, and sales of $478,800. 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 ____ %
- 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 return on assets of 5.15% means that a company is earning: O a. a $5.15 return on every $100 of assets minus liabilities. O b. a $5.15 return on every $100 of total assets. O c. a $5.15 return on every $100 of current assets. O d. a $5.15 return on every $100 invested in long-term assets.Blazer corporation had provided correct answer general accounting
- A return on assets of 5.15% means that a company is earning: a.a $5.15 return on every $100 invested in long-term assets. b.a $5.15 return on every $100 of total assets. c.a $5.15 return on every $100 of assets minus liabilities. d.a $5.15 return on every $100 of current assets.Use this information for Mason Corporation to answer the question that follow. Mason Corporation had $1,058,000 in invested assets, sales of $1,229,000, income from operations amounting to $202,000, and a desired minimum return of 12%. Round the percentage to one decimal place. The profit margin for Mason Corporation is Oa. 19.1% Ob. 16.4% Oc. 86.1% IC. Od. 12.0%Use this information for Mason Corporation to answer the question that follow. Mason Corporation had $1,118,000 in invested assets, sales of $1,204,000, income from operations amounting to $232,000, and a desired minimum return of 13%. Round your answer to two decimal places. The investment turnover for Mason Corporation is Oa. 0.86 Ob. 1.62 Oc. 1.08 Od. 1.29 Previous Next 7:34 PM CP 12/13/2020 DELL