Answered step by step
Verified Expert Solution
Question
1 Approved Answer
What is the fixed asset turnover for this company? (break down calculation of net fixed assets) Sales = 848,904 Balance Sheet 2015 Current Assets Cash
What is the fixed asset turnover for this company? (break down calculation of net fixed assets)
Sales = 848,904
Balance Sheet | 2015 |
Current Assets | |
Cash And Cash Equivalents | $ 218,435.00 |
Short Term Investments | $ 64,685.00 |
Net Receivables | $ 218,496.00 |
Inventory | $ 202,832.00 |
Other Current Assets | $ 46,103.00 |
Total Current Assets | $ 750,551.00 |
Long Term Investments | - |
Property Plant and Equipment | $ 439,340.00 |
Goodwill | $ 132,913.00 |
Intangible Assets | $ 196,409.00 |
Accumulated Amortization | - |
Other Assets | $ 36,697.00 |
Deferred Long Term Asset Charges | $ 45,120.00 |
Total Assets | $ 1,601,030.00 |
Current Liabilities | |
Accounts Payable | $ 169,381.00 |
Short/Current Long Term Debt | $ 10,282.00 |
Other Current Liabilities | - |
Total Current Liabilities | $ 179,663.00 |
Long Term Debt | $ 455,941.00 |
Other Liabilities | $ 90,153.00 |
Deferred Long Term Liability Charges | $ 32,276.00 |
Minority Interest | $ 47,652.00 |
Negative Goodwill | - |
Total Liabilities | $ 805,685.00 |
Stockholders' Equity | |
Misc. Stocks Options Warrants | - |
Redeemable Preferred Stock | - |
Preferred Stock | - |
Common Stock | $ 32,404.00 |
Retained Earnings | $ 514,280.00 |
Treasury Stock | $ (11,009.00) |
Capital Surplus | $ 344,086.00 |
Other Stockholder Equity | $ (84,416.00) |
Total Stockholder Equity | $ 795,345.00 |
Net Tangible Assets | $ 466,023.00 |
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