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1) Salad Daze maintains an inventory of produce worth $400. its total bill for produce over the course of the year was $73000. How old
1) Salad Daze maintains an inventory of produce worth $400. its total bill for produce over the course of the year was $73000. How old an average is the lettuce it serves its customers?
2) In the past year, TVG had revenues of $3 million, cost of goods sold of $2.5 million, and depreciation expense of $200,000. The firm has a single issue of debt outstanding with book value of $1milion on which it pays an interest rate of 8%. What is the firm's times interest earned ratio?
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