Business
Business, 28.12.2019 03:31, EhHannuh6865

The balance sheet and income statement shown below are for koski inc. note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over. balance sheet (millions of $) assets 2019 cash and securities $4,200 accounts receivable 17,500 inventories 20,300 total current assets $42,000 net plant and equipment $28,000 total assets $70,000 liabilities and equity accounts payable $27,531 accruals 12,369 notes payable 5,000 total current liabilities $44,900 long-term bonds $9,000 total liabilities $53,900 common stock $3,864 retained earnings 12,236 total common equity $16,100 total liabilities and equity $70,000 income statement (millions of $) 2019 net sales $112,000 operating costs except depreciation 104,160 depreciation 2,240 earnings before interest and taxes (ebit) $5,600 less interest 840 earnings before taxes (ebt) $4,760 taxes 1,190 net income $3,570 other data: shares outstanding (millions) 500.00 common dividends (millions of $) $1249.50 int rate on notes payable & l-t bonds 6% federal plus state income tax rate 25% year-end stock price $68.54

what is the firm's total assets turnover? do not round your intermediate calculations.

answer
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 07:00, aljalloh94
Ireally need with these questions.6. what level of job security do athletes and sports competitors have? why do you think this is? 22. do you think a musician has more job security than an athlete? explain.37. what is the difference between a public relations specialist and a marketing professional? 47. do you think gender inequalities still exist in the sports industry? explain.50. what are the advantages and disadvantages of labor unions? do you think labor unions are fair to employers? how might they be taken advantage of?
Answers: 1
image
Business, 22.06.2019 11:00, igtguith
T-comm makes a variety of products. it is organized in two divisions, north and south. the managers for each division are paid, in part, based on the financial performance of their divisions. the south division normally sells to outside customers but, on occasion, also sells to the north division. when it does, corporate policy states that the price must be cost plus 20 percent to ensure a "fair" return to the selling division. south received an order from north for 300 units. south's planned output for the year had been 1,200 units before north's order. south's capacity is 1,500 units per year. the costs for producing those 1,200 units follow
Answers: 1
image
Business, 22.06.2019 12:30, dtrdtrdtrdtrdrt1325
Suppose a holiday inn hotel has annual fixed costs applicable to its rooms of $1.2 million for its 300-room hotel, average daily room rents of $50, and average variable costs of $10 for each room rented. it operates 365 days per year. the amount of operating income on rooms, assuming an occupancy* rate of 80% for the year, that will be generated for the entire year is *occupancy = % of rooms rented
Answers: 1
image
Business, 22.06.2019 16:30, cadenbukvich9923
Why is investing in a mutual fund less risky than investing in a particular company’s stock?
Answers: 3
Do you know the correct answer?
The balance sheet and income statement shown below are for koski inc. note that the firm has no amor...

Questions in other subjects:

Konu
Mathematics, 03.12.2021 05:50
Konu
English, 03.12.2021 05:50
Konu
Computers and Technology, 03.12.2021 05:50