Business
Business, 15.07.2019 03:00, dayanara72

Afirm with a total asset turnover lower than the industry standard may have

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Business, 29.08.2019 01:30, allieflow5380
Afirm has a return on equity of 23 percent. the total asset turnover is 3.1 and the profit margin is 5 percent. the total equity is $6,200. what is the amount of the net income?
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Business, 20.09.2019 00:00, kaelynnmarie1135
Rj's has a fixed asset turnover rate of 1.26 and a total asset turnover rate of .97. sam's has a fixed asset turnover rate of 1.31 and a total asset turnover rate of .94. both companies have similar operations. based on this information, rj's must be doing which one of the following? a utilizing its fixed assets more efficiently than sam's b generating $1 in sales for every $1.26 in net fixed assets.c generating $1.26 in net income for every $1 in net fixed assets.d maintaining the same level of current assets as sam'se utilizing its total assets more efficiently than sam's.
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Business, 05.10.2019 01:10, blaze9691
The financial ratios for artz, inc., and the industry are as follows: artz industry current ratio 2.50 3.0 acid-test ratio 1.38 1.5 days in receivables 48.67 days 40.0 days days in inventories 117.32 days 70.2days operating return on assets 15.2% 12.5% operating profit margin 11.1% 8.0% total asset turnover 1.36 1.6 fixed asset turnover 3.46 3.1 debt ratio 36.4% 33% times interest earned 8.33 6.0 return on equity 15.0% 11.0% b.interpretation 1.artz, inc., is definitely less liquid than the average firm in its industry. both the current ratio and acid-test ratio are lower, indicating that artz has fewer liquid assets relative to the company’s maturing obligations (current liabilities) than the industry. also, both the accounts receivable and inventory move slower through the working-capital cycle than is true for the average firm in the industry. 2.management is performing better than the industry in terms of earning profits on the firm’s assets—15.2 percent operating return on assets compared to 12.5 percent for the industry. the reason for the higher return on assets comes from the higher operating profit margin: 11.1 percent for artz versus 8 percent for the industry. thus, the company is keeping its costs and expenses lower per dollar of sales. on the other hand, artz is less efficient at managing its assets, as shown by the lower total asset turnover: 1.36x for artz as compared to 1.6x for the industry. this lower turnover is attributable to the slower collection of receivables and more days in inventory
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Business, 15.10.2019 19:10, maddysmom
Calculator asset turnover ratio financial statement data for years ended december 31, 20y3 and 20y2, for edison company follow: 20y3 20y2 sales $2,093,000 $1,716,000 total assets: beginning of year 760,000 670,000 end of year 850,000 760,000 a. determine the asset turnover ratio for 20y3 and 20y2. round answers to one decimal place. 20y3 20y2 asset turnover b. is the change in the asset turnover ratio from 20y2 to 20y3 favorable or unfavorable?
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