Question
Financial Information: Net Income: $15,000,000 Depreciation Expense: $600,000 Increase in Accounts Receivable: $200,000 Decrease in Inventory: $300,000 Purchase of Equipment: $1,200,000 Questions: a) What is
Financial Information:
- Net Income: $15,000,000
- Depreciation Expense: $600,000
- Increase in Accounts Receivable: $200,000
- Decrease in Inventory: $300,000
- Purchase of Equipment: $1,200,000
Questions: a) What is the company's operating income? b) Calculate the return on investment (ROI). c) Determine the current asset turnover ratio. d) What is the working capital? e) Calculate the dividend payout ratio.
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Introduction to Managerial Accounting
Authors: Peter Brewer, Ray Garrison, Eric Noreen
5th edition
73527076, 978-0077386214, 77386213, 978-0073527079
