What the company needs to do in terms of managing their sale

Assignment Help Accounting Basics
Reference no: EM132779917

Unicorn Pty. Ltd.'s most recent summary of key financial information as presented below:

2019 Financial Ratios

Accounts Receivable Turnover      9.1 times

Inventory Turnover                    7 times

Gross Profit Margin                     50%

Return on Assets                    12.4 cents

Return on Equity                     13 cents

Sales as a % of 2018 base year        100%

Problem 1: To increase asset efficiency, the company would like to increase their Accounts Receivable Turnover from 9.1 times to 15 times in 2020 FY. Please suggest three (3)alternatives of what the company needs to do in terms of managing their sales, accounts receivable, and credit terms.

Reference no: EM132779917

Questions Cloud

Describe how the risk was managed according to your plan : Describe how the risk was managed according to your plan and Identify and describe what impact the three events described in the scenario have on the change
Calculate the company debt to total assets : Kahluha Manufacturers Inc. reported the following information in its financial statements. Calculate the company's debt to total assets
What is the size of the final payment : A business valued at $96 000 is purchased for a down payment of 25% and payments of $4000 at the end of every three months. If interest is 9% compounded monthly
What is bob and sally taxable income : Bob Katz and Sally Mander are a married couple with four children. Total wages for 2018 equaled $106,400. Stock which had been purchased nine months earlier was
What the company needs to do in terms of managing their sale : Suggest three (3)alternatives of what the company needs to do in terms of managing their sales, accounts receivable, and credit terms.
What is sally tax liability on the sale of stock : Sally Mander bought stock for $14,000 in 2016 and sold the stock in 2018 for $26,000. Sally's marginal tax rate is 24%. What is Sally's tax liability on the sal
What is the upper control limit for the x-bar chart : The average range is 19 cc. If you use a sample size of 8, what is the upper control limit for the x-bar chart?
Importance and mechanics of taxation in american : Why do we not emphasize the importance and mechanics of Taxation in American youth public education
Did jose dizon violate the revised code of ethics : Jose Dizon, CPA was engaged to audit financial statements of Victory Corporation. Dizon had half-completed the audit when he has a dispute with management.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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