Question 2.7Given the following data:Annual Sales: $5,000,000Fixed Assets: $750,000Total Assets: $1,000,000Calculate the Fixed asset turnover ratio. [Financial Accounting]

Explanation of Annual Sales:Annual sales refer to the total revenue generated by a company from…

Answered: Question 2.7 Given the following data:…

Corporate Financial Accounting

14th Edition

ISBN:9781305653535

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter14: Financial Statement Analysis

Section: Chapter Questions

Problem 14.8BE: Asset turnover A company reports the following: Sales 4,400,000 Average total assets (excluding...

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EX.17-184.ALGO A company reports the following: Sales Average total assets (excluding long-term investments) Determine the asset turnover ratio. Round your answer to one decimal place. I $7,635,340 1,075,400
Calculate the asset efficiency - receivables, inventory, fixed asset and total asset turnover ratios
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19. Using the following information, calculate the return on assets. Net income for November Total assets, November 1 Total assets, November 30 15,555 85,000 98,000 $ Identify the formula and then solve for return on assets (ROA). (Round the ROA to the nearest tenth percent, X.X%.) ROA + + = %
/Activity 8 RATIO ANALYSIS Asset Turnover Understand the information provided by the asset turnover ratio. • Identify the expected range and whether an increasing or decreasing trend is preferred. Purpose: The asset turnover ratio compares net sales to total assets. This ratio evaluates how efficiently assets are used to produce net sales. It is one measure of sales volume. It is a measure of profitability. Net sales ASSET TURNOVER = Average total assets 1. Average total assets = [(beginning assets + ending assets) / 2]. 12/31/98 assets are the ending assets of (1998 / 1999) and the beginning assets of (1998 / 1999). GENERAL MOTORS (GM). ($ in 000s) GẶP INC НОME DEPЮТ ORACLE fye 1/30/99 $9.054.462 fye 12/31/98 $161.315.000 fye 1/31/99 $30,219.000 fye 5/31/99 $8,827,252 Net sales 1/30/99 12/31/98 $257.389.000 1/31/99 $13.465,000 5/31/99 $7.259,654 Total assets $3.963,919 1/30/98 $3.337.502 Sourçe: Disclosure, Inc., Compact D/SEC, 2000. 12/31/97 $231.752.000 1/31/98 $11,229.000 5/31/98.…
Asset turnover A company reports the following: Sales 4,400,000 Average total assets (excluding long-term investments) 2,000,000 Determine the asset turnover ratio. (Round percentages to one decimal place.)
Need this question answer general Accounting
Question 3: Use the following information on Assets to calculate the weighted average duration for each asset type in the "fill in the box" at the bottom of table. Assets: 3 year Consumer Loans with an average interest rate of 7% Cash Flow (CF) $561,300 $766,010 $2,702,883 $0 $0 Present Value Factor (PVF) 5 Year Commercial Loans with an average interest rate of 10% Cash Flow (CF) $755,299 $1,254,503 $1,855,631 $3,214,131 $4,005,543 Present Value Factor (PVF) A. Calculate the weighted average duration for 3-year consumer loans. show in the x.xx format | B. Calculate the weighted average duration for 5-year commercial loans. show in the x.xx format .935 .873 .816 N/A N/A .909 .826 .751 .683 .621
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Question 2.7 Given the following data: Annual Sales: $5,000,000 Fixed Assets: $750,000 Total Assets: $1,000,000 Calculate the Fixed asset turnover ratio. [Financial Accounting]