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As a general rule, management would want to cut back the agency’s average collection period. As a basic rule, management would need to cut back the agency’s accounts receivable turnover ratio. 29) Millers Metalworks, Inc. has a total asset turnover of 2.5 and a web profit margin of 3.5%. The full debt ratio for the agency is 50%. Calculate Millers’s return on fairness. 12) Marshall Networks, Inc. has a complete asset turnover of 2.5 and a net revenue margin of 3.5%. The firm has a return on fairness of 17.5%. Calculate Marshall’s debt ratio. Snout and Smith had no curiosity expense in 1996. Using this info, what was S & S’s operating profit margin for 1996? S & S’s operating expenses for 1996 were $13,000, and its net profit margin was .0585. Current assets consist of cash, accounts receivable, stock, and web plant, property, and gear. This sometimes occurs in large corporations with worldwide accounts.
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By using our website, you hereby consent to our Privacy Policy and agree to its terms. Our fleet services allow fleet owners to trace their complete fleet utilizing our Android App and Web Interface. The owners of shares theoretically have great energy to alter the businesses via the voting rights the shares carry and the consequent ability to stress managements, and if vital out-vote them at annual and different meetings. 35) Lorna Dome, Inc. has an annual curiosity expense of $30,000. 24) Water Works, Inc. has a current ratio of 1.33, present liabilities of $540,000, and inventory of $400,000. 36) In 1996, Snout and Smith, Inc. had a gross revenue of $27,000 on gross sales of $110,000. 7) By utilizing widespread size revenue statements, firms can decide how various bills as a percentage of whole gross sales modified from interval to period. 10. To develop sure personal qualities among employees which may serve as personal property on long term foundation. Inventories are sold on a credit score basis. Inventories are omitted from the numerator of the ratio as a result of they’re generally the least liquid of the agency’s current belongings. Inventories are offered for money. It measures how shortly money and other liquid assets move by the corporate.
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