Question regarding the inventory turnover ratio
Bummel and Strand Corp. has a gross profit margin of 33.7 percent, sales of $47,112,365, and inventory of $14,595,435. What is its inventory turnover ratio?
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Bartlett's Pears has a profit margin of 7.5 percent on sales of $26,000,000. If the firm has debt of $9,500,000 and total assets of $19,000,000, what is the firm's ROA?
Breckenridge SkiCompany has total assets of $422,235,811 and a debt ratio of 29.5 percent. Calculate the company's debt-to-equity ratio and equity multiplier.
If the expected rate of return for the market is not much greater than the risk-free rate of return, what is the general level of compensation for bearing systematic risk?
Calculate Dollar General's gross profit percentage (expressed as a percentage with one decimal place). What does this imply about the amount of gross profit made from each dollar of sales?
Division A of smith company has the capacity for making 3,000 motors per month and regularly sells 1,950 motors each month to outside customers at a contribution margin of $62 per motor.
Astair, Inc. reported sales of $8,000,000 for the month and incurred variable expenses totaling $5,600,000 and fixed expenses totaling $1,440,000.
Janet Jackson will invest $30,000 today. She needs $222,000 in 21 years. What annual interest rate must she earn?
SDJ, Inc., has net working capital of $l,570 current liabilities of $4,380, and inventory of $1,875. What is the current ratio? What is the quick ratio?
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