INVESTMENTS-CONNECT PLUS ACCESS
11th Edition
ISBN: 2810022611546
Author: Bodie
Publisher: MCG
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Chapter 22, Problem 1PS
Summary Introduction
To explain: In details that why there is no availability for Cement Industry in future markets.
Introduction: Future market is a contract to acquire or advertise of the commodities for the future date at a predetermined price.
Expert Solution & Answer
Answer to Problem 1PS
The future marketing of cement has no scope because it cannot be possible to store it for the long term as well as its prices are fixed and knowable.
Explanation of Solution
When the purchasing and selling of commodities are done on a future date at a predetermined price this deal is known as future marketing. Cement has no future market because it cannot be stored for the longest time and required some concern otherwise it will be set and become worthless. Its prices are also set and easily knowable. Its hedging value is also less as well as demand is tentative.
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Listed here, are the 2018 and 2019 balance sheets.
motors.
and income statements,, for Otago Bay Marine Motors, a major manufacturer of top-of-the-line outboard
a. On the basis of the information provided, calculate the following financial ratios for 2018 and 2019:
b. Considering the financial ratios you computed, along with the industry averages, how would you characterize the financial condition of Otago Bay Marine Motors?
Explain.
a. Calculate the following financial ratios for 2018 and 2019. (Round to two decimal places.)
Current ratio
Otago Bay Marine Motors
2019
2018
I need to get more details by doing homeworks and exams.
Use the financial statement of DKT Enterprise provided above to calculate the ratio for 2024 that reflects each of the following conditions (where applicable, round off answers to two decimal places.):
1. The percentage of DKT Enterprises' revenue that remained after accounting for the cost of goods sold.
2. The percentage of DKT Enterprises' revenue that remained after all expenses, including operating costs, interest, and taxes, have been deducted.
3. The extent to which DKT Enterprises' short-term liabilities, were covered by assets that could be quickly converted into cash during the year.
4. The ratio of DKT Enterprises' liquid assets to its current liabilities, indicating the company's ability to meet short-term obligations without relying on inventory.
5. The percentage of the profit DKT Enterprises generated from its total assets during the year, reflecting how efficiently it utillises its asset base to generate earnings.
6. The percentage of the profit for the year relative…
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