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Bobaflex Corporation has ending inventory of $715,773 and cost of goods sold for the year just ended was $9,505,462. What is the inventory turnover? (Do
Bobaflex Corporation has ending inventory of $715,773 and cost of goods sold for the year just ended was $9,505,462.
What is the inventory turnover? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Inventory turnover times
What is the days sales in inventory? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Days sales in inventory days
Dimeback Co. has total assets of $9,000,000 and a total asset turnover of 2.4 times. Assume the return on assets is 10 percent.
What is its profit margin? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
For the past year, Coach, Inc., had a cost of goods sold of $67,882. At the end of the year, the accounts payable balance was $11,989.
How long on average did it take the company to pay off its suppliers during the year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Days sales in payables days
SDJ, Inc., has net working capital of $1,710, current liabilities of $5,690, and inventory of $1,285.
What is the current ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Current ratio times
What is the quick ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Quick ratio times
In response to complaints about high prices, a grocery chain runs the following advertising campaign: If you pay your child $1 to go buy $33 worth of groceries, then your child makes about twice as much on the trip as we do. Youve collected the following information from the grocery chains financial statements:
(millions)
Sales $ 754.00
Net income 11.45
Total assets 320.00
Total debt 152.50
What is the childs profit margin? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Childs profit margin %
What is the stores profit margin? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Stores profit margin %
What is the store's ROE? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
ROE %
Beckinsale, Inc., has a profit margin of 6.85 percent on sales of $24,000,000. Assume the firm has debt of $9,400,000 and total assets of $16,000,000.
What is the firms ROA? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
ROA %
Problem 3-13 Sustainable Growth [LO 3]
Profit margin = 9.4 %
Capital intensity ratio = .55
Debtequity ratio = .70
Net income = $ 105,000
Dividends = $ 40,000
Based on the above information, calculate the sustainable growth rate for Southern Lights Co. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Sustainable growth rate %
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