Question
The 2014 balance sheet of Blue Moon, Inc. shows its net fixed assets account of $2,836,000 and the previous year, 2013, its net fixed assets
The 2014 balance sheet of Blue Moon, Inc. shows its net fixed assets account of $2,836,000 and the previous year, 2013, its net fixed assets was $2,656,000. The company took $511,000 in depreciation expense for year 2014. For that year, Blue Moon spent $_______ in purchaing fixed assets. (Do not include the dollar sign ($).)
Blue Moon, Inc. in year 2014 had ending inventory of $439,000, sales of $4,215,000, and cost of goods sold of $2,985,000. Then, the days' sales in inventory is ______ days; that is, a unit of inventory sat on the shelf for ______ days on average before it was sold.
Total Greens, Inc. has a profit margin of 10.5 percent, total asset turnover of 1.3, and ROE of 24.8 percent. The firm's debtequity ratio is ______ times. (Round your answer to 2 decimal places. (e.g., 32.16))
please help im drunk quiux due tonight
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