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

  Determine percentage change in the purchasing power

A 20 year U.S. Government bond with a 10% annual coupon rate sells at $1,000 when prevailing interest rates on comparable securities are 10%.

  Is the ytc less than or more than the ytm

Is the YTC less than or more than the YTM? Why is this so? f) What happens to the price of this bond if market interest rates rise?

  How much must be deposited

You would like to have 45,000 in 11 years. To accumulate this you plan to deposit an equal amount each year which would earn 5% interest compounded. The first payment will be made at the end of the year.

  Achievement of organizational goals

At Sandwich Blitz, Jenny noticed what appeared to be a discrepancy in the time sheet of one of consumer associates. When she asked unit manager about this, she learned that the crew supervisor had allowed the associate to swap out work hours against ..

  Find company average collection period

Crasler Corporation net income last year was $100,000. The Corporation paid preferred dividends of $20,000 and its average common stockholders' equity was $580,000.

  Explain the objectives involved in the management

Explain the objectives involved in the management of a bank's overall liquidity position and the costs to the bank of poor liquidity management.

  Calucate the expected return and standard deviation

Suppose the expected returns and standard deviations of stock A and stock B are E(R)=0.15, E(R)=0.25, deviation is A=0.1,B=0.2.

  Find the percentage of ownership interest

Primetime Company owns 2/3 of the outstanding $1 par common stock of Satellite corporation on January 1, 2006. In order to increase cash to finance an expansion program,

  What is the dividend payment in 2012

If dividends are expected to grow at the same arithmetic average growth rate of the last five years, what is the dividend payment in 2012?

  Computation of operating cash flows from capital project

Computation of operating cash flows from capital project and evaluating a project which will increase sales by $50,000 and costs by $30,000

  What is the default risk premium on the corporate bond

A Treasury bond that matures in 10 years has a yield of 4.5%. A 10-year corporate bond has a yield of 7.5%. Assume that the liquidity premium on the corporate bond is 0.25%. What is the default risk premium on the corporate bond?

  What are maria options

If Maria files a complaint in the appropriate court, will she be successful? Discuss why or why not.

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