Determine the assets be reduced to bring tato

Assignment Help Finance Basics
Reference no: EM1360357

Rangoon Corp's sales last year were $400,000 and its year-end total assets were $300,000. The average firm in the industry has a total assets turnover of 2.5. The new CFO belives the firm has excess assets that can be sold so as to bring the TATO down to the industry average without affecting sales. By how much must the assets be reduced to bring the TATO to the industry average?

Reference no: EM1360357

Questions Cloud

Explain a faulty generalization you have made : Explain a faulty generalization you have made and critique that generalization.
What is the dielectric constant k of the dielectric : A horse canters away from its trainer in a straight line, moving 130 m away in 10.0 s. It then turns abruptly and gallops halfway back in 5.3 s. find its average velocity for the entire trip, using "away from the trainer" as the positive direction..
Elucidate why a system of marketable pollution permits leads : Elucidate why a system of marketable pollution permits leads to less costly pollution abatement and a highter concentration of polluted areas than a command-and-control system.
Pros and cons of choosing two servers : Classify the two alternatives in terms of what type of application architecture they use. b. Outline the pros and cons of the two alternatives and make a recommendation to Fred about which is better.
Determine the assets be reduced to bring tato : Rangoon Corporation sales last year were $400,000 and its year-end total assets were $300,000. The average Company in the industry has a total assets turnover of 2.5.
Explain how would we measure the cost of the project : Explain how would we measure the cost of the project to determine whether it is worth undertaking.
Describe how this will impact the organizations diversity : Describe how this will impact the organizations diversity training and what will need to change
Differences between self-efficacy and self-esteem : Trying to understand an explanation of the differences between self-efficacy and self-esteem. Provide two examples of when self-esteem might be misinterpreted as self-efficacy and explain why.
Possible reasons for outliers and possible solutions : Expalin what are possible reasons for outliers and possible solutions

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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!

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