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Intanke Inc. manufactures vacuum cleaners. The following information is available for the company. Per unit cost Sales $550 Variable expenses 370 The fixed expenses are

Intanke Inc. manufactures vacuum cleaners. The following information is available for the company. Per unit cost Sales $550 Variable expenses 370 The fixed expenses are $95,000. Calculate the net operating income for 750 vacuum cleaners.

$135,000

$35,000

$40,000

$595,000

The financial manager of a company needs to measure

how efficiently the companys total assets are being used to generate sales. From the information given below, calculate the relevant ratio he needs for this purpose.

Cash

$220,000

Accounts receivable

1,800,000

Inventory

950,000

Plant and equipment

1,330,000

Sales

10,000,000

image text in transcribed

Debt to assets ratio of 3.4

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Assets turnover ratio of 2.3

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Assets turnover ratio of 0.3

image text in transcribed

Debt to assets ratio of 0.4

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