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Compute the firm's 2010 net operating income and net income. Calculate the firm's operating return on assets and return on equity. Baryla Inc. manufactures high

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Compute the firm's 2010 net operating income and net income. Calculate the firm's operating return on assets and return on equity. Baryla Inc. manufactures high quality decorator lamps in a plant located in Eastern Tennessee. Last year the firm had sales of $100 million and a gross profit margin of 40%. a. How much inventory can Baryla hold and still maintain an inventory turnover ratio of at least 6.0 times? b. Currently, some of Baryla's inventory includes $2 million of outdated and damaged goods that simply remain in inventory and are not salable. What inventory turnover ratio must the good inventory have to maintain in order to achieve an overall turnover ratio of at least 6.0 (including the unsalable items)? ALei Industries has credit sales of $150 million a year. ALei's management reviewed its credit policy and decided that it wants to maintain an average collection period of 40 days. a. What is the maximum level of accounts receivable that ALei can carry and have a 40

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