How much inventory does the firm have

Assignment Help Finance Basics
Reference no: EM13283939

Nugent, Inc, has a gross profit margin of 25.49 percent on sales of $7,42,976 and total assets of $6,872,416. The company has a current ratio of 2.69 times, accounts receivable of $1,438,163 cash and marketable securities of $197,562, and current liabilities of $831,240.
What's Nugent's level of current assets?
How much inventory does the firm have?
what is the inventory turnover ratio?
What is Nugent's day's sales outstanding?
If management wants to set a target DSO of 30 days, what should Nugent's accounts receivable be?

Reference no: EM13283939

Questions Cloud

Water solubilities of oxalic acid also sodium oxalate at rt : Water solubilities of oxalic acid and sodium oxalate at RT are 10g/100 ml and 3.7 g/100 ml respectively. Could you prepare oxalic acid by adding HCl to a solution of sodium oxalate, cooling it to room temperature, and filtering the resulting mixtu..
What were the defining characteristics of islam : What were the exteral threats to Islam between 950 and 1250? Policy: What were the defining characteristics of Islam by 1100?
Find the current flowing through the lamp after the switch : A 4.8 mF capacitor has been charged to11 V. The energy storedin the capacitor is used to light up a 0.3 KOhm lamp. Find the current flowing through the lamp 2.1 sec after the switch was turned on.
Explain the mass in grams of the hydrogen gas obtained : What is the mass in grams of the hydrogen gas obtained? The vapor pressure of water at 20 degrees C is 17.54 mmHg.c
How much inventory does the firm have : Nugent, Inc, has a gross profit margin of 25.49 percent on sales of $7,42,976 and total assets of $6,872,416. The company has a current ratio of 2.69 times, accounts receivable of $1,438,163 cash and marketable securities of $197,562, and current ..
What was last years dividend per share : After a 5-for-1 stock split, Strasburg Co paid a dividend of $0.75 per new share which represents a 9% increase over last years presplit dividend. What was last years dividend per share?
Determine the percentage of bolts shorter than 9cm : The quality control department at Alexander fasteners measured the length of 100 bolts randomly selected from a specified order.The mean length was found to be 9.75 cm, and the standard deviationwas 0.01 cm.
What are some tools that companies have to manage : What are some tools that companies have to manage their (net operating) working capital?
How much time passes before the ice starts to melt : An open container holds ice of mass 0.530 kg at a temperature of -15.7 Celsius . The mass of the container can be ignored. How much time passes before the ice starts to melt

Reviews

Write a Review

Finance Basics Questions & Answers

  How is financial leverage created

How is financial leverage created? Describe how the degree of financial leverage is calculated.

  Junk bond market and capital structure choice

The development of the new issue junk bond market had important implications for capital structure choice.

  Discuss the two alternatives and the dradeoffs associated

If Mr. Baldwin purhases the warrants and converts them to common stock in 1 year, what is his total gain if the market price of common shares is actually $32? Ignore brokerage fees and taxes)

  Determine the firm weighted average cost of capital

Weekend Warriors, Inc. has 35% debt and 65% equity in its capital structure. The firm's estimated after tax cost of debt is 8% and its estimated cost of equity is 13%. Determine the firm's weighted average cost of capital.

  Find the investment to reduce risk

The owner a pro football team plans to diversify by purchasing shares in either a company that owns a pro basketball team or a pharmaceutical corporation.

  Investment and after-tax operating profits

The difference between the cost of funds used to finance an investment and after-tax operating profits is called;

  Find the investment amount

Mark wants to buy a new car in three years. The car is expected to cost 80,000 in 3 years. If Mark can find an investment yielding 12% over the three year period,

  The coupon rate for a particular quality of bond

When the market interest rate rises above the coupon rate for a particular quality of bond and the bond price declines, the new expected yield is called

  What is the subscription price

Keira Mfg. is considering a rights offer. The company has determined that the ex-rights price would be $76. The current price is $90 per share, and there are 36 million shares outstanding. The rights offer would raise a total of $60 million. What ..

  What is meant by capital structure

What is meant by capital structure? What metrics can be used to assess improvement or deterioration in the capital structure?

  What is the firms weighted average cost of capital

The U.S. Treasury bill is yielding 2.8 percent and the return on the market is 11.2 percent. The corporate tax rate is 38 percent. What is the firm's weighted average cost of capital?

  How much is taken out for federal income tax

Maggie Vitteta, single, works 38 hours per week at $9.00 an hour. How much is taken out for federal income tax with one withholding exemption?

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