1. The only current asset possessed by a firm are: Cash $ 105,000, Inventories $ 560,000 and
Accounts Receivable $ 420,000. If the current ratio for the firm is 2: 1, determine its current
liabilities and calculate the firm's quick ratio
2. At the cose of the year a company has inventory of $ 150,000 and cost of goods sold for
$ 975,000. If the company's turnover ratio is 5, determine the opening balance of the inventory
3. Assume that the industry average of fixed asset turnover of MITU Manufacturing Company
is 2.50 times and the total asset turno ver is 2 times. Net saes for the year are 250,000 and
95% of the total assets of the organization are fixed. Assume further that the production
manager requests additional fund for the purchase of fixed assets that he thinks coukl
increase the profitability of the company. Given no impact of depreciation, and if you are the
financial manager of MITU Maufacturing Company, what should be your reaction towards
this proposaľ? Why?
Answers: 2
Business, 22.06.2019 18:00, dpazmembreno
Carlton industries is considering a new project that they plan to price at $74.00 per unit. the variable costs are estimated at $39.22 per unit and total fixed costs are estimated at $12,085. the initial investment required is $8,000 and the project has an estimated life of 4 years. the firm requires a return of 8 percent. ignore the effect of taxes. what is the degree of operating leverage at the financial break-even level of output?
Answers: 3
Business, 22.06.2019 19:30, darkremnant14
Problem page a medical equipment industry manufactures x-ray machines. the unit cost c (the cost in dollars to make each x-ray machine) depends on the number of machines made. if x machines are made, then the unit cost is given by the function =cx+−0.3x2126x31,935 . how many machines must be made to minimize the unit cost?
Answers: 3
Business, 22.06.2019 21:10, kalawson2019
You own a nonunion company with 93 nonexempt employees. all of these employ- ees pack books into boxes for shipment to customers throughout the united states. because of wide differences in performance, you have decided to try performance appraisal, something never done before. until now, you have given every worker the same size increase. now you want to measure performance and reward the best performers with bigger increases. without any further information, which of the five types of appraisal formats do you think would be most appropriate? justify your answer. do you anticipate any complaints, or other comments, from employees after you implement your new system?
Answers: 1
Business, 22.06.2019 23:10, katrinanuez
Which investment has the liquidity and can be converted into cash easily?
Answers: 2
1. The only current asset possessed by a firm are: Cash $ 105,000, Inventories $ 560,000 and
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