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The King Corporation has ending inventory of $482,700, and cost of goods sold for the year just ended was $3,934,005. a. What is the inventory
The King Corporation has ending inventory of $482,700, and cost of goods sold for the year just ended was $3,934,005. |
a. | What is the inventory turnover? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) |
b. | What is the days' sales in inventory? (Use 365 days a year. Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) |
c. | How long on average did a unit of inventory sit on the shelf before it was sold? (Use 365 days a year. Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) |
If Roten Rooters, Inc., has an equity multiplier of 1.58, total asset turnover of 1.60, and a profit margin of 6.8 percent, what is its ROE? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Queen, Inc., has a total debt ratio of .38. |
a. | What is its debt-equity ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) |
b. | What is its equity multiplier? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) |
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