User Account

All Pages

Compute the inventory turnover ratios of bank of america

Assignment Help Financial Accounting
Reference no: EM131139577

Accuntinng

Using the Excel template in the Financial Ratios lesson page, compute the following financial ratios of Bank of America for the year 2015.

Accounts Receivable Turnover
Average Collection Period
Inventory Turnover
Number of days of sales in inventory
Profit Margin Percentage
Return on Sales
Current Ratio
Quick Ratio
Cash Ratio
Asset Turnover
Debt to Equity Ratio
Debt to Assets Ratio
Return on Assets
Earnings Per Share
Working Capital
P/E Ratio

In order to compute the Earnings Per Share ratio and the P/E Ratio, you will need the number of shares of stock outstanding and the trading price of each share of stock:

• Number of Shares of Stock Outstanding: 10,520,000,000
• Trading Price of Each Share of Stock: $15.57.

Attachment:- Financial_Ratios_Analysis_Excel.xls

Reference no: EM131139577

Questions Cloud

Draft performance appraisal for person serving : Draft a performance appraisal for a person serving in the role of human resource director. What examples would you need to support the rates you gave for performance on each of the goals.
The undesirable health effects of eating butter : After several months of price hikes, the price of butter reached the price observed before demand decreased. A blogger suggested that the rising price of butter was evidence of a conspiracy on the part of butter producers.
What is the amount of lorettas taxable income : Loretta incurs the following deductible expenses: $2,500 in state income taxes. She is single, no dependents, and as $40,000 AGI for the year. What is the amount of Loretta's taxable income?
Describe possible obstacles that are preventing resolution : Identify the current and unmet needs of your chosen target population, and describe the possible obstacles that are preventing resolution of the problems. What human service programs addressing the problem currently exist, and how are they helping..
Compute the inventory turnover ratios of bank of america : Using the Excel template in the Financial Ratios lesson page, compute the following financial ratios of Bank of America for the year 2015.
Draw a long-run supply curve for haircutting in your city : Suppose the initial equilibrium price of haircuts is $12. Draw demand and supply graphs to show the short-run and long-run effects
Draw a set of supply and demand curves : Suppose the long-run supply curves in the two countries have the same slope. Show the long-run effects of the increase in demand.
Examining the infrastructure for marketing management : 1.Outsourcing means a company decides what is critical to their business and they then hire others to do the less critical, or core-mission oriented tasks.2.A core competency is fairly easy for competitors to replicate in a free marketplace.
Reinforcement theory has three components : Reinforcement theory has three components: rewards, proaction, extinction. For punishment to work, it must be strong, objective, impersonal, and quick. In goal setting theory, workers must be given specific, challenging goals that they accept, and ma..

Reviews

Write a Review

 

Financial Accounting Questions & Answers

  Journalize entries to record the selected transactions

Entries for issuing and calling bonds - The fiscal year of the company is the calendar year. Journalize the entries to record the selected transactions

  Analyse profitability liquidity and gearing financial ratios

Analyse the profitability, the liquidity and the gearing of Sessegnon Ltd based on the information above and using appropriate financial ratios. Would a new supplier be willing to give them credit?

  What is the measured gdp

expenditure on goods and services produced by the private sector. If we imported $3 billion more than we exported, what is the measured GDP?

  An organization receives a contribution

an organization receives a contribution in-kind. Prepare journal entries, as necessary, to give them accounting recognition

  Defines impairment goodwill and qualitative assessment

Defines impairment goodwill and qualitative assessment Provides a journal entry to record an impairment and an explanation of its impact on financial statements.the benefits of impairment recording to financial statement users

  Analysis reveals the following additional data

Seven customers paid for the company's 6 months' lawn service package of $600 beginning in April.The company performed services for these customers in April.

  Find the effect of the presence of a defense

Find the effect of the presence of a defense in connection with a negotiable instrument and Who is discharged if a holder strikes out a prior indorsement on a negotiable instrument?

  What important factors in addition to quantitative factors

what important factors in addition to quantitative factors should a firm consider when it is making a capital structure

  What is fair value of the option on december

the spot rate was $2.80 per 100 rupees and the option premium was $0.004 per 100 rupees. What is fair value of the option on December 1, 20x1?

  Percentage-of-completion method of accounting

Monroe Construction Company uses the percentage-of-completion method of accounting. In 2015, Monroe began work on a contract it had received, which provided for a contract price of $15,000,000. Other details are as follows: cost incurred during 2015 ..

  Determine tax consequences of the transfers to all parties

Lyle performed legal and accounting work during the incorporation process in return for six shares of stock. Determine the tax consequences of the transfers to all parties.

  What is the companys Basic EPS

For the year ended 12/31/2013, a company reported Net Income of $100,000. On 1/1/2013, the company had 20,000 common shares outstanding and 20,000 preferred shares outstanding. What is the company’s Basic EPS for 2013?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd