Total assets turnover-gross profit margin on sales

Assignment Help Financial Management

Reference no: EM131072151

Complete the Balance sheet and sales information in the table that follows for J. White Industries using the following financial data: Total Assets Turnover: 1.5 Gross Profit margin on sales: (Sales – cost of goods sold)/Sales = 25% Total Liabilities – to –assets ratio: 40% Quick ratio: 0.80 Days sales outstanding (based on 365-day year): 36.5 days Inventory turnover ratio: 3.75 Partial Income Sustainment Information Sales Cost of goods sold Balance sheet Cash Accounts payable Accounts Receivable Long term debt 50,000 Inventories Common Stock Fixed Assets Retained earnings 100,000 Total Assets $400,000 Total Liabilities and equity

Reference no: EM131072151

Questions Cloud

What is the bonds yield to maturity : You Just purchased a bond that matures in 5 years. The bond has a face value of $1,000 and has an 8% annual coupon. The bond has a current yield of 8.21%. What is the bond’s yield to maturity?

The firm equity has market value : The market value of Firm L's debt is $200,000 and its yield is 10%. The firm's equity has a market value of $300,000, its earnings are growing at a 5% rate, and its tax rate is 40%. A similar firm with no debt has a cost of equity of 14%. Under the M..

Bonds when the going rate of interest : The Garraty Company has two bond issues outstanding. Both bonds pay$100 annual interest plus $1,000 at maturity. Bond L has a maturity of 15 years, and Bond S has a maturity of 1 year. What will be the value of each of these bonds when the going rate..

Calculated the sales growth : Sales for Hanebury Corporation’s just-ended year were $12 million. Sales were $6 million 5 years earlier. a. At what rate did sales grow? b. Suppose someone calculated the sales growth for Hanebury in part a as follows: “Sales doubled in 5 years. Thi..

Total assets turnover-gross profit margin on sales : Complete the Balance sheet and sales information in the table that follows for J. White Industries using the following financial data: Total Assets Turnover: 1.5 Gross Profit margin on sales: (Sales – cost of goods sold)/Sales = 25% Total Liabilities..

Financial holding company-analyze best practices-strategies : Describe types of services offered by BNY Mellon, explain how the GLB act has affected BNY Mellon, determine if a BNY Mellon is registered as a financial holding company (FHC), and explain how this is determined, summarize the operations of BNY Mello..

Preferred that exceeds their after-tax return on the bonds : Mariano Manufacturing can issue a 25-year, 7.85% annual payment bond at par. Its investment bankers also stated that the company can sell an issue of annual payment preferred stock to corporate investors who are in the 40% tax bracket. The corporate ..

Calculate total cost of ordering and carrying inventories : At what inventory level should a reorder be made? Reorder point= (safety stock + weeks of delivery x weekly usage) - goods in transit. Calculate the total cost of ordering and carrying inventories if the order quantity is 1) 4,000 units, 2) is 4,800..

Current assets increase-accounts payable increase with sales : The Acme Corp has a balance sheet as of the end of the year as follows: Cash $ 5,000 Accounts payable $15,000 Accounts receivable 20,000 Notes payable 10,000 Inventories 40,000 Total current liabilities. What additional financing will be needed to su..

User Account

All Pages