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

  What is susan adjusted gross income

For the tax year, Susan had salary income of $19,000. In addition, she reported the following capital transactions: Long-term capital gain $2,000; Short-term capital gain $4,000; Long-term capital loss -$7,000; Short-term capital loss -$3,000. The..

  Fasb codification-inventory research

What is the formal definition in the glossary of the term "Inventory?" What is the Codification topic number for inventory? What types of entities are not covered by the guidance in the Inventory Topic? (Provide the Codification reference for your ..

  Calculate the amount of over- or underapplied overhead

The company applies overhead on the basis of 125% of direct labor costs. Calculate the amount of over- or underapplied overhead.

  Support your speculation with evidence

Support your speculation with evidence or examples and cite the Websites used in your research.

  Direct method for reporting a statement of cash flows

What are some of the arguments in favor of using the indirect (reconciliation) method as opposed to the direct method for reporting a statement of cash flows?

  Which measures amount of earnings that may be distributed

An S corporation's accumulated adjustments account, which measures the amount of earnings that may be distributed tax-free (cpa adapted)

  Depreciation methods

Make the necessary adjusting journal entries at December 31, 2007, and December 31, 2008 to record depreciation for each year under the following depreciation methods: (a.) Straight-line. (b.) Double-declining-balance

  Prepare all entries required on the preceding dates

purchased incubators for the nursery for $47,300 from unrestricted resources. (assume straight line deprecation on all hospital capital assets).

  Shares of comon stock

Ralite Company had net income for the year of $20 Million. It had 2 Million shares of comon stock outstanding, with a year-end market price of $82 a share. Dividends during the year were $5.74 a share.

  Please include thorough explanation

Please include thorough explanation and thorough calculations for each answer chosen.  The differential approach is often considered superior to the total project approach to capital budgeting:because it can more easily accommodate multiple investmen..

  What is thompson accounts receivable turnover

Evaluate the following scenarios, assuming both companies use the accounts receivable method of estimating bad debts expense.

  Compute the number of flags sanchez

Sanchez Co. sells flags with team logos. Sanchez has fixed costs of $ $602,000 per year plus variable costs of $5.50 per flag. Each flag sells for $12.50.

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