How many dollars worth of sales are generated

Assignment Help Accounting Basics
Reference no: EM132572616

Question 1: A Kingston firm has net working capital of $2,580, net fixed assets of $13,120, sales of $22,580, and current liabilities of $1,610. How many dollars' worth of sales are generated from every $1 in total assets?

Reference no: EM132572616

Questions Cloud

Projects play in meeting the goals of organization : Identify the role projects play in meeting the goals of an organization.
Prepare the journal entry necessary to record the increase : Prepare the journal entry (if any) necessary to record this increase in fair value. It is expected that the cost of disposal is still $21,600.
Describe the importance of further research : To help with the preparation of your annotated bibliography, review the following tutorials and resources from the Ashford Writing Center.
Find how many dollars worth of sales are generated : Find How many dollars' worth of sales are generated from every $1 in total assets? A Kingston firm has net working capital of $2,580
How many dollars worth of sales are generated : $13,120, sales of $22,580, and current liabilities of $1,610. How many dollars' worth of sales are generated from every $1 in total assets?
Essential in cryptography : In this module, you learned that random numbers (or, at least, pseudorandom numbers) are essential in cryptography,
What is the standard deviation of the portfolio : What percentage of your wealth should you invest in each of these two funds to earn 18% expected return on your portfolio?
Cultural profile of the local area : Give a cultural profile of the local area in which you will be operating. Draw up an organization chart showing the company and its overseas operations,
Calculate ord construction return on equity : Ord Construction Company's debt yields 8% and composes 25% of its overall capital structure. Ord Construction just paid $2

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determine the present value

Alex Meir recently won a lottery and has the option of receiving one of the following three prizes: determine the Present value for the above options

  Record the transactions in the General Ledger of the DSF

Record the transactions in the General Ledger of the DSF. The school district purchased investments costing $14,500,000 for the DSF

  Revenue for the federal government

Which type of tax raises the most revenue for the federal government? Which type of tax raises the most revenue for state and local governments?

  It is important to properly classify and report current and

it is important to properly classify and report current and long-term liabilities because they affect liquidity. refer

  Mnimum lease payment problem

The lease does not meet the definition of a capital lease in terms of a bargain purchase option, transfer of title, or the lease term. However, Pearson must classify this as a capital lease if the present value of the minimum lease payments is at ..

  Journalize each transaction in a two-column journal

for the past several years emily page has operated a part-time consulting business from her home. as of june 1 2010

  What is ggps taxable income

What is GGP's taxable income for 2016? Show your work. Does GGP's have an NOL carry-forward to 2017? If so, how much

  Compute the inventory turnover ratio for the last two years

compute the inventory turnover ratio for the last two years for ford motor company. this may require you to look up the

  The purpose of part iii is to obtain an understanding of

the purpose of part iii is to obtain an understanding of internal control and assess control risk for pinnacle

  Calculate number of units transferred out to finished goods

Basic FLows, Equivalent Units Bowman Company produces an arthritis medication that passes through two departments: Mixing and Tableting.

  Complete the vertical analysis by computing each line item

Complete the vertical analysis by computing each line item (a)(f) as a percentage of sales revenues. Round to the nearest whole percentage. Does the percentage that you calculated in 1(a) suggest that the decline in fuel costs in 2013 contributed to ..

  How is the conservatism principle applied to the valuation

In your own words, explain the conservatism principle. How is the conservatism principle applied to the valuation of merchandise inventory

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