What is the total asset turnover ? Davis Digital Electronics sells entirely on credit and provided the following information:•Current assets: $12,500 million••Cash: $4,000 million•Accounts receivable: $6,200 millionInventories: $2,300 million• Sales: $42,000 million•Cost of goods sold: $33,000 million•Total current liabilities: $12,500 millionWhat is the total asset turnover?

The total asset turnover ratio is a key financial metric used to evaluate a company's efficiency in…

Answered: Davis Digital Electronics sells…

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter3: Evaluation Of Financial Performance

Section: Chapter Questions

Problem 8P

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JPJ Corp has sales of $1.00 million, accounts receivable of $50,000, total assets of $5.00 million (of which $3.00 million are fixed assets), inventory of $150,000, and cost of goods sold of $600,000. What is JPJ's accounts receivable days? Fixed asset turnover? Total asset turnover? Inventory turnover? What is JPJ's accounts receivable days? JPJ's accounts receivable days are days. (Round to two decimal places)
JPJ Corp has sales of $1.11 million, accounts receivable of $52,000, total assets of $5.12 million (of which $3.14 million are fixed assets), inventory of $151,000, and cost of goods sold of $608,000. What is JPJ's accounts receivable days? Fixed asset turnover? Total asset turnover? Inventory turnover? What is JPJ's accounts receivable days? JPJ's accounts receivable days are _____ days. (Round to two decimal places.)
JPJ Corp has sales of $1.27 million, accounts receivable of $52,000, total assets of $4.96 million (of which $2.77 million are fixed assets), inventory of $152,000, and cost of goods sold of $604,000. What is JPJ's accounts receivable days? Fixed asset turnover? Total asset turnover? Inventory turnover? What is JPJ's accounts receivable days? JPJ's accounts receivable days are enter your response here days. (Round to two decimal places.) Part 2 What is JPJ's fixed asset turnover? JPJ's fixed asset turnover is enter your response here . (Round to two decimal places.) Part 3 What is JPJ's total asset turnover? JPJ's total asset turnover is enter your response here . (Round to two decimal places.) Part 4 What is JPJ's inventory turnover? JPJ's inventory turnover is enter your response here .
JPJ Corp has sales of $1.27 million, accounts receivable of $52,000, total assets of $4.96 million (of which $2.77 million are fixed assets), inventory of $152,000, and cost of goods sold of $604,000. What is JPJ's accounts receivable days? Fixed asset turnover? Total asset turnover? Inventory turnover? JPJ's inventory turnover is
Fleming corporation reports the following financial data
JPJ Corp has sales of $1.33 million, accounts receivable of $52,000, total assets of $5.05 million (of which $2.88 million are fixed assets), inventory of $153000, and cost of goods sold of $601000. What is JPJ's accounts receivable days? Fixed asset turnover? Total asset turnover? Inventory turnover? **round to two decimal places**
Ans?? Financial accounting
Compute the Total assets turnover
Net sales 3120 million,cost of goods sold 2950 million
What is its total assets turnover on these financial accounting question?
6
Aardvark & Co. has sales of $291,200, cost of goods sold of $163,300, net profit of $11,360, net fixed assets of $154, 500, and current assets of $89, 500. What is the total asset turnover rate? a) 1.19 b) 1.11 c) 1.24 d) 1.08 e) 1.28

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