Would inventory turnover ratio be more important

Assignment Help Accounting Basics
Reference no: EM13132888

1. Profit margins and turnover ratios vary from one industry to another. What differences would you expect to find between the turnover ratios, profit margins, and DuPont equations for a grocery chain and a steel company?

2. If a firm's ROE is low, and management wants to improve it, should a firm consider using more debt? If so, explain your positoin in how would this help.

3. Would inventory turnover ratio be more important for somone who is analyzing a grocery store chain than an insurance company? Explain your position.

Reference no: EM13132888

Questions Cloud

What was the final pressure : A sample of gas confined in a 2.0L container at 930 Torr and 25oC was heated to 45oC. What was the final pressure?
Compute dan and cheryls income tax liability : Compute dan and Cheryl's income tax liability for 2011. Disregard the alternative minimun tax.
What is elaine net capital gain or loss : What is Elaine's net capital gain or loss? Draft a letter to Elaine describing how the net capital gain or loss will be treated on her tax return. Assume Elaine's income from other sources puts her in the 35% bracket. Elaine's address is 3000 Ire..
List outcomes corresponding to five smallest possible values : List all outcomes corresponding to the five smallest possible values of Y, and state which Y value is associated with each one.
Would inventory turnover ratio be more important : Profit margins and turnover ratios vary from one industry to another. What differences would you expect to find between the turnover ratios, profit margins, and DuPont equations for a grocery chain and a steel company?
What is the density of the gas in g/l : A 2.32-L vessel contains 4.49 g of a gas at 1.08 atm and 26.9°C. What is the density of the gas in g/L?
Could you think of any alternative interpretation : A fund manager states: "I refuse to buy any company that makes a voluntary accounting change, since it's certainly a case of management trying to hide bad news." Can you think of any alternative interpretation?
Fourier series-cosine-sine fourier series : Find fourier series of f(x)=4, x greater than -3 and less than 3. Find fourier series of f(x) = x^2-x+3, x greater than -2 and less than 2
America is a melting pot : There is no doubt that America is a melting pot; by the same token, there is no doubt that most members of specific races and nationalities strive their whole lives to maintain a link with their original ethnic identity and culture.

Reviews

Write a Review

 

Accounting Basics Questions & Answers

  Adjusted balance of gleason advertising company

Prepare the adjusting entry at December 31, and using T accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in each account.

  Discuss how the proposed constraint addresses concerns

Other than for financial statements, management need report only the information it knows. That is, management should be under no obligation to gather information it does not have, or does not need, to manage the business.

  What is the effective annual rate

A local finance company quotes a 16.8 percent interest rate on one-year loans. So, if you borrow $30,000, the interest for the year will be $5,040. Because you must repay a total of $35,040 in one year, the finance company requires you to pay $35,..

  Elimination of a consolidation worksheet

Why do intercompany balances exist within the financial records of the separate companies? How are these reciprocals eliminated on a consolidation worksheet?

  Physician contract with an managed care organization

There are several key elements required in a physician's contract with an Managed Care Organization (MCO). Research and describe the major components included in a physician's contract. Utilize relevant outside sources.

  Long-term borrowings

Burich Co. reported proceeds from short-term (non-payables) notes of $2.5 million, proceeds from long-term borrowings of $6.8 million,

  Compute the rate variance, the efficiency variance

Compute the rate variance, the efficiency variance, and the total direct labor cost variance for each of these two months. (Input all amounts as a positive value.

  Significance and usefulness of accounting cycle

Please discuss the value of the accounting cycle to the including:

  How will any marital deduction be determined

Bernice dies, and under a will, passes real estate to her surviving husband. The real estate is subject to a mortgage. For estate tax purposes, how will any marital deduction be determined? Can Bernice's estate deduct the mortgage under 2053? Expl..

  Inventory sole proprietorship to a public charity

Armando contributed some inventory from his sole proprietorship to a public charity for its use. On the date of the contribution, Armando's basis in the inventory $2,000 and the fair market value was $5,000.

  Direct labor and overhead costs

What are some examples of Toll Brothers' direct material, direct labor and overhead costs that they would incur in building their homes?

  Depreciation calculation procedures

Suppose the company changed its depreciation calculation procedures (still within GAAP) such that its depreciation expense doubled. How would this change affect Brandywine's net income, total profit margin, and cash flow?

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