Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 08, 2024

Company A Company B Company C Days sales in receivables 8.3 days 46.9 days 80.3 days Days sales in inventory 2.3 days 45.8 days 95.8

Company A Company B Company C

Days sales in receivables 8.3 days 46.9 days 80.3 days

Days sales in inventory 2.3 days 45.8 days 95.8 days

Debt to assets ratio 34.8% 77.5% 62.3%

Times interest earned 14.5 times 7.8 times 4.5 times

Gross profit margin 37% 70% 20%

Price/earnings ratio 15 3 18

5) Which company has the least percentage of assets financed by owners?

A B C

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Microeconomics And Its Application

Authors: Walter Nicholson, Christopher M. Snyder

13th Edition

0357133064, 978-0357133064

More Books

Students also viewed these Accounting questions

Question

★★★★★

In response to an influx of undocumented workers, Congress made it a federal offense to hire them. How do you think this measure affected the U.S. production possibilities frontier? Do you think all...

Answered: 1 week ago

Question

★★★★★

Taxation Question on Trusts Juliet Aspen created a trust on 1 March 2019 in favour of her three grandchildren Kenny, John, and Zweli (aged 21, 22 and 24 years respectively on that date). Their father...

Answered: 1 week ago

Question

★★★★★

In the article Identification of patients at low risk for recurrent venous thromboembolism by measuring thrombin generation published in the Journal of the American Medical Association (Hron et al.,...

Answered: 1 week ago

Question

★★★★★

A local restaurant, Freds Fish Fry, is estimating nonfood kitchen costs (labor, supervision, utilities, etc.) based on food cost. Data were gathered for the past 24 months and analyzed using a...

Answered: 1 week ago

Question

★★★★★

Examine the reconciliation between the governmental fund changes in fund balances and the governmental-type activities changes in net position. This might be on the governmental Statement of...

Answered: 1 week ago

Question

★★★★★

On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $84,200 in assets in exchange for its common stock to launch the business. On December 31, the companys...

Answered: 1 week ago

Question

★★★★★

Which area do you think is most important for business success and explain 5 reasons why the selected topic is more important than other three in Operations Management 1. Operations strategy, 2....

Answered: 1 week ago

Question

★★★★★

Companies must have quantifiable and measurable strategic objectives so actual performance can be assessed and compared against planned metrics or figures. The sooner the monitoring and control...

Answered: 1 week ago

Question

★★★★★

Develop a complete mission statement for Belikin Beer Company in Belize. Make sure it covers all 9 components of a Mission Statement being: customers, products / services, markets, technology,...

Answered: 1 week ago

Question

★★★★★

Briefly describewhy you think that hotels, especially room operations place such an important and recurring training message to our employees on personalizing the guest experience

Answered: 1 week ago

Question

★★★★★

Differentiate between a problem-seeking decision-making strategy and a problem-solving decision-making strategy

Answered: 1 week ago

Question

★★★★★

Does Jane have any recourse if she was provided with an inaccurate job description? If so, what actions could she take? A few months ago, Maria Turks, manager of client care at Willowpark Retirement...

Answered: 1 week ago

Question

★★★★★

For a job you currently have (or for a past job), list 3-new or different things that your employer might do to redesign your job to make you feel more empowered. How would you convince your employer...

Answered: 1 week ago

Question

★★★★★

In groups of 4-or-5, identify the job specifications (knowledge, skills, and abilities) for the position of college or university instructor. (You will have approximately 20 minutes to complete the...

Answered: 1 week ago

Previous Question Next Question