Calculating the Average Collection Period Ordonez Lumber Yard has a current accounts receivable balance of $583,174 Credit sales for the year just ended were $6,787,626 What is the receivables turnover The days sales in receivables How long did it take on average for credit customers to pay off their accounts during the past year Calculating Inventory Turnover Bobaflex Corporation has ending inventory of $527,156 and cost of goods sold for the year just ended was $8,543,132 What is the inventory turnover The days sales in inventory How long on average did a unit of inventory sit on the shelf before it was sold Calculating Leverage Ratios Fincher, Inc , has a total debt ratio of 19 What is its debtequity ratio What is its equity multiplier Calculating Market Value Ratios Rossdale, Inc , had additions to retained earnings for the year just ended of $534,000 The firm paid out $185,000 in cash dividends, and it has ending total equity of $7 45 million If the company currently has 365,000 shares of common stock outstanding, what are earnings per share Dividends per share What is book value per share If the stock currently sells for $49 per share, what is the market to book ratio The priceearnings ratio If total sales were $15 4 million, what is the pricesales ratio DuPont Identity If jPhone, Inc , has an equity multiplier of 1 83, total asset turnover of 1 65, and a profit margin of 5 2 percent, what is its ROE DuPont Identity Jiminy Cricket Removal has a profit margin of 7 6 percent, total asset turnover of 1 73, and ROE of 17 2 percent What is this firms debtequity ratio Calculating Average Payables Period For the past year, Coach, Inc , had a cost of goods sold of $87,386 At the end of the year, the accounts payable balance was $19,472 How long on average did it take the company to pay off its suppliers during the year What might a large value for this ratio imply Equity Multiplier and Return on Equity Shelton Company has a debtequity ratio of 75 Return on assets is 6 9 percent, and total equity is $815,000 What is the equity multiplier Return on equity Net income Internal Growth If Williams, Inc , has an ROA of 7 2 percent and a payout ratio of 25 percent, what is its internal growth rate Sustainable Growth If the Crash Davis Driving School has an ROE of 16 8 percent and a payout ratio of 20 percent, what is its sustainable growth rate

The Answer is in the image, click to view ...

Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 06, 2024

Calculating the Average Collection Period. Ordonez Lumber Yard has a current accounts receivable balance of $583,174. Credit sales for the year just ended were $6,787,626.

Calculating the Average Collection Period. Ordonez Lumber Yard has a current accounts receivable balance of $583,174. Credit sales for the year just ended were $6,787,626. What is the receivables turnover? The days sales in receivables? How long did it take on average for credit customers to pay off their accounts during the past year?
Calculating Inventory Turnover. Bobaflex Corporation has ending inventory of $527,156 and cost of goods sold for the year just ended was $8,543,132. What is the inventory turnover? The days sales in inventory? How long on average did a unit of inventory sit on the shelf before it was sold?
Calculating Leverage Ratios. Fincher, Inc., has a total debt ratio of .19. What is its debtequity ratio? What is its equity multiplier?
Calculating Market Value Ratios. Rossdale, Inc., had additions to retained earnings for the year just ended of $534,000. The firm paid out $185,000 in cash dividends, and it has ending total equity of $7.45 million. If the company currently has 365,000 shares of common stock outstanding, what are earnings per share? Dividends per share? What is book value per share? If the stock currently sells for $49 per share, what is the market-to-book ratio? The priceearnings ratio? If total sales were $15.4 million, what is the pricesales ratio?
DuPont Identity. If jPhone, Inc., has an equity multiplier of 1.83, total asset turnover of 1.65, and a profit margin of 5.2 percent, what is its ROE?
DuPont Identity. Jiminy Cricket Removal has a profit margin of 7.6 percent, total asset turnover of 1.73, and ROE of 17.2 percent. What is this firms debtequity ratio?
Calculating Average Payables Period. For the past year, Coach, Inc., had a cost of goods sold of $87,386. At the end of the year, the accounts payable balance was $19,472. How long on average did it take the company to pay off its suppliers during the year? What might a large value for this ratio imply?
Equity Multiplier and Return on Equity. Shelton Company has a debtequity ratio of .75. Return on assets is 6.9 percent, and total equity is $815,000. What is the equity multiplier? Return on equity? Net income?
Internal Growth. If Williams, Inc., has an ROA of 7.2 percent and a payout ratio of 25 percent, what is its internal growth rate?
Sustainable Growth. If the Crash Davis Driving School has an ROE of 16.8 percent and a payout ratio of 20 percent, what is its sustainable growth rate?