Consider the following financial data from the past year for midwest outdoor equipment corporation. gross income $ 35,515,000 total sales 34,226,000 total credit sales 23,103,000 net income 4,186,000 cost of goods sold 17,730,000 total assets 12,119,000 average inventory 4,325,000 average receivables 3,958,000 a. compute the receivable turnover ratio. (round your answer to 3 decimal places.) receivable turnover ratio b. compute the inventory turnover ratio. (round your answer to 3 decimal places.) inventory turnover ratio c. compute the asset turnover ratio. (round your answer to 3 decimal places.) asset turnover ratio
Answers: 1
Business, 22.06.2019 11:30
17. chef a says that garnish should be added to a soup right before serving. chef b says that garnish should be cooked with the other ingredients in a soup. which chef is correct? a. chef a is correct. b. both chefs are correct. c. chef b is correct. d. neither chef is correct. student c incorrect which is correct answer?
Answers: 2
Business, 22.06.2019 15:40
Aprice control is: question 1 options: a)a tax on the sale of a good that controls the market price.b)an upper limit on the quantity of some good that can be bought or sold.c)a legal restriction on how high or low a price in a market may go.d)control of the price of a good by the firm that produces it.
Answers: 1
Business, 22.06.2019 15:40
Brandt enterprises is considering a new project that has a cost of $1,000,000, and the cfo set up the following simple decision tree to show its three most likely scenarios. the firm could arrange with its work force and suppliers to cease operations at the end of year 1 should it choose to do so, but to obtain this abandonment option, it would have to make a payment to those parties. how much is the option to abandon worth to the firm?
Answers: 1
Business, 22.06.2019 17:20
“strategy, plans, and budgets are unrelated to one another.” do you agree? explain. explain how the manager’s choice of the type of responsibility center (cost, revenue, profit, or investment) affects the behavior of other employees.
Answers: 3
Consider the following financial data from the past year for midwest outdoor equipment corporation....
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