Answered step by step
Verified Expert Solution
Question
1 Approved Answer
How long does it take for ABC Company to pay its bills? The cost of goods sold is $2,132 and accounts payables is $652? Round
How long does it take for ABC Company to pay its bills? The cost of goods sold is $2,132 and accounts payables is $652?
Round to the nearest whole number and format as "XXX"
B. XY Z Company has sales of $24,250, costs of $10,800, depreciation expense of $2,400, and interest expense of $1,525. If the tax rate was 21 percent, what is the operating cash flow?
Round to the nearest whole number and format as "XX,XXX"
C. The Blue Line Paper Company has a 7% profit margin and a 61 percent dividend payout ratio. The total asset turnover is 1.4 times and the equity multiplier is 1.6 times. What is the sustainable rate of growth?
Round to the nearest whole number and format as "XXX"
B. XY Z Company has sales of $24,250, costs of $10,800, depreciation expense of $2,400, and interest expense of $1,525. If the tax rate was 21 percent, what is the operating cash flow?
Round to the nearest whole number and format as "XX,XXX"
C. The Blue Line Paper Company has a 7% profit margin and a 61 percent dividend payout ratio. The total asset turnover is 1.4 times and the equity multiplier is 1.6 times. What is the sustainable rate of growth?
Step by Step Solution
★★★★★
3.28 Rating (157 Votes )
There are 3 Steps involved in it
Step: 1
A To calculate the payable turnover ratio we need to divide the cost of goods sold by accounts payab...
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
Entrepreneurial Finance
Authors: J . chris leach, Ronald w. melicher
4th edition
538478152, 978-0538478151
