Receivables turnover - Study guides, Class notes & Summaries

MAC2602 Assignment 3 (VERIFIED ANSWERS) Semester 2 2024 - Due 16 September 2024 ; 100% TRUSTED Complete, trusted solutions and explanations. . 1.1 Select one example of what should be reflected in a mission statement. a) We are a distribution organisation that provides fresh produce and high-quality produce to a network of independent retailers who trade under our brands. We are not in the grocery business; we are in the people business. b) Nothing means more to us than our valued customers, and...

Asset Turnover Ratio - ANSWER-net sales/average total assets Profit Margin Ratio - ANSWER-net income/total sales Rate of return on assets - ANSWER-net income/average total assets Current ratio - ANSWER-current assets/current liabilities acid-test ratio - ANSWER-(cash + short-term investments + net receivables) / current liabilities rate of return on common stock equity - ANSWER-(net income - preferred dividends) / average common stockholders' equity payout ratio - ANSWER-cash ...

Asset Turnover Ratio - ANSWER-net sales/average total assets Profit Margin Ratio - ANSWER-net income/total sales Rate of return on assets - ANSWER-net income/average total assets Current ratio - ANSWER-current assets/current liabilities acid-test ratio - ANSWER-(cash + short-term investments + net receivables) / current liabilities rate of return on common stock equity - ANSWER-(net income - preferred dividends) / average common stockholders' equity payout ratio - ANSWER-cash ...

2022 Peregrine Exam Which of the following is NOT a strategic alternative to laying off employees? implementing a restricted hiring policy downsizing the workforce lowering employment standards mandating reduced hours Lowering Employment Standards KJ built his taco truck out of $75,000,000 worth of titanium and duct tape. He uses $10.25 of organic bok choy, $6.75 of Wisconsin cheddar cheese, and $25.25 of foie gras in each taco. If he sells tacos at $475 each, what is his break-even quantity? ...

1. Question: Select the appropriate provisions of the Sarbanes-Oxley Act (SOX) for each of the following descriptions. a. Executives must personally certify the company’s financial statements. b. Audit firm cannot provide a variety of other services to its client, such as investment advising. c. PCAOB establishes standards … to the preparation of audited financial reports. d. Lead audit partners are required to change every five years. e. Management must document the effectiveness of procedu...

Financial statements - Answer provide information that is useful for making investment and other economic decisions about businesses horizontal analysis - Answer the amount of each line item on the most recent statement is compared with the related item on earlier statements, and expressed as a percentage change. When horizontal analysis is used to compare data from two or more dates or periods, amounts from the earliest statement are used as the base for computing percentage increases an...

BUSI 490 IntensiveWhat is the current ratio? - correct answer current assets/current liabilities What is the quick (acid test) ratio? - correct answer current assets - inventory/current liabilities What is the total debt ratio? - correct answer (total assets - total equity)/total assets What is the times interest earned ratio? - correct answer EBIT/interest expense What is the inventory turnover ratio? - correct answer cost of goods sold/average inventory What is day's sales in i...

1. Projected future financial statements are called: A. plug statements. B. pro forma statements. C. reconciled statements. D. aggregated statements. E. comparative statements. 2. The extended version of the percentage of sales method: A. assumes that all net income will be paid out in dividends to stockholders. B. assumes that all net income will be retained by the firm and offset by a reduction in debt. C. is based on a capital intensity ratio of 1.0. D. requires that all f...

Liquidity Ratios (Ans- measures of a firm's short-term ability to meet its current obligations Profitability Ratios (Ans- measures of a firm's profitability relative to its assets (operating efficiency) and to its revenue (operating profitability) Activity Ratios (Ans- Measure of efficiency of a firm's assets Solvency Ratios (Ans- Measure of a firm's ability to pay its obligations Inventory Turnover (Ans- COGS / avg inventory Receivables Turnover (Ans- revenue / av...

BTEC BUSINESS UNIT 3: FORMULAS Exam 36 Questions with Answers Net Cash Flow (Cash Flow Forecast) - CORRECT ANSWER = Total Income (inflows) - Total Expenses (Outflows) Closing Balance (Cash Flow Forecast) - CORRECT ANSWER = Opening Balance + Net Cash Flow Total Cost - CORRECT ANSWER = Fixed Costs + Variable Costs Cost per Unit (Average Total Cost) - CORRECT ANSWER = Total Cost / Output Variable Cost per Unit - CORRECT ANSWER = Total Variable Cost / Output Total Variable Cost -...