Rural Hydroponics has: Total equity Sales $560,000 $2,250,000 Current assets $700,000 Total liabilities $435,000 What is Rural Hydroponics' total asset turnover? A. 4.02 B. 3.21 C. 2.26 D. 5.51
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What is rural hydroponics total assets turnover? General accounting
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- Compare the Solvency, Liquidity and Profitability for the two companiesThe following information is available on Company A: Sales Operating Income $900,000 $36,000 Shareholders' Equity Average Operating Assets $100,000 $180,000 Minimum Required Rate of Return 15% What is the fixed asset turnover for Company A? ○ 25 ○ 5 O 9 O2Assume the investment project enables the company to increase sales by $90,000 and COGS by $43,800. Income Statement(Thousands) Net Sales 365,000 Cost of Goods Sold 146,000 Gross Income 219,000 Selling, general and 150,000 Administrative Net Operating Income (NOI) 69,000 Other Income & Expenses Extraordinary Gain (Loss) 10,000 Interest Expense 15,000 Net Profit Before Taxes 44,000 Income Taxes 13,200 Net Income 30,800 Balance Sheet (Thousands) Assets Current Assets Cash 12,000 Accounts Receivables 73,000 Inventory 34,000 Other Current Assets 30,000 Total Current Assrets 64,000
- What is the amount of net fixed assets?Selected data from an investment center of IROL Inc. follow:Sales $8,000,000Net book value of assets, beginning 2,500,000Net book value of assets, ending 2,600,000Net operating income 640,000Minimum rate of return 12%Required1. Calculate return on sales (ROS), asset turnover (AT), and return on investment (ROI).2. Calculate residual income (RI).The following are available for divison X and Y Profit before interest and tax X 185 000 Y172 000 Capital employed X 1 540 000 Y 1 650 000 The cost of capital is 10% comment on the performance of the departments based on a. Return on capital employed b.residual income
- General Accounting Question SolutionTotal fixed assets 31420 OMR Total long term liabilities 9970 OMR Total current assets 18930 OMR Total current liabilities 4765 OMR Shareholders’ funds 35615 OMR Capital employed 45585 OMR Gross profit 175000 OMR Net profit 113950 OMR Return on capital employed 25% Current ratio 3.97 Liquid ratio 3.34 Return on Equity 3.191 Gross Profit Margin 53,03% Net Profit Margin 34.53% Q/Give a brief report on the financial position of the company based on the above figures?Calculate: Net profit margin Asset utilization Equity multiplier