The following data are pulled from a recent HealthPlus Manufacturing Co. annual report. ASSETS (in $1,000) Raw material inventory $15 Work-in-process inventory $5 Finished goods inventory $30 Property, plant & equipment $50 Other assets $100 Total assets $200 Condensed Income Statement (in $1,000) Revenue $500 Cost of goods sold $100 Other expenses $100 Net income $300 What is the % of assets tied to inventory?

The following data are pulled from a recent HealthPlus Manufacturing Co. annual report. ASSETS (in $1,000) Raw material inventory $15 Work-in-process inventory $5 Finished goods inventory $30 Property, plant & equipment $50 Other assets $100 Total assets $200 Condensed Income Statement (in $1,000) Revenue $500 Cost of goods sold $100 Other expenses $100 Net income $300 What is the % of assets tied to inventory?

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

See similar textbooks

Similar questions

Aurora Radiological Services is a health care clinic that provides radiological imaging services(such as MRIs, X-rays, and CAT scans) to patients. It is part of Front Range MedicalSystems that operates clinics throughout the state of Colorado.a. What type of key performance indicators and other information would be appropriateto display on a data dashboard to assist the Aurora clinic’s manager in making dailystaffing decisions for the clinic?b. What type of key performance indicators and othear information would be appropriateto display on a data dashboard for the CEO of Front Range Medical Systems whooversees the operation of multiple radiological imaging clinics?
Bar Stools, Inc. sells chairs online. Bar Stools spent $9,000 on a Google Adword Campaign (Marketing Investment). The campaign generated the following in incremental sales: 165 units sales (#) at average sell price of $125. Product costs are $50 per unit. Calculate the MROI% using incremental profit ($) as the Financial Value. Note: You need to calculate unit profit ($), then multiple unit profit ($) by unit sales (#) to get the incremental profit used in MROI. For this calculation, convert decimal to % but do not enter % symbol.
Business Performance Management (BPM) can be seen to be the convergence of Corporate Strategic Planning and Business Intelligence (BI). a) Provide an overview of the key steps within a Corporate Strategic Planning process, identifying any strategic planning techniques that could be employed. b) Describe a suitable BI system that could be used directly by a senior manager to monitor company progress towards achievement of its corporate strategic plan.
Corporate triple-A bond interest rates for 12 consecutive months follow. 9.6 9.4 9.5 9.7 9.9 9.8 9.8 10.6 10.0 9.8 9.6 9.6 (b) Develop three-month and four-month moving averages for this time series. (Round your answers to two decimal places.) Month Time SeriesValue 3-Month MovingAverage Forecast 4-Month MovingAverage Forecast 1 9.6 2 9.4 3 9.5 4 9.7 5 9.9 6 9.8 7 9.8 8 10.6 9 10.0 10 9.8 11 9.6 12 9.6 (c) Using the more accurate forecast, what is the moving average forecast for the next month? (Round your answer to two decimal places.)
The owner of a large machine shop has just finished its financial analysis from the prior fiscal year. Following is an excerpt from the final report: Net revenue $375,000 Cost of goods sold 322,000 Value of production materials on-hand 42,500 Value of work-in-process inventory 37,000 Value of finished goods on-hand 12,500 Compute the inventory turnover ratio (ITR). Note: Round your answer to 1 decimal place. Compute the weeks of supply (WS). Note: Do not round intermediate calculations. Round your answer to 1 decimal place.
Sales Planning and Forecasting: In a manufacturing & distribution company a. how often sales forecast is completed? b. how well is the sales-forecasting plan used in the day to day operations? c. what are some of the sales forecasting tools that could be used?
In your own words and it should be in paragraph form. Also, don't forget to conclude. 1. Discuss the importance of Forecasting in Operations Management.
An analyst has collected the following information regarding Gilligan Grocers: Earnings before interest and taxes (EBIT) = $700 million. Earnings before interest, taxes, depreciation and amortization (EBITDA) = $850 million. Interest expense = $200 million. The corporate tax rate is 40 percent. Depreciation is the company’s only non-cash expense or revenue.What is the company’s net cash flow?
4, The accompanying dataset provides the closing prices for four stocks and the stock exchange over 12 days. Complete parts a through c. Complete the exponential smoothing forecast model for stock B. (Type integers or decimals rounded to two decimal places as needed.) Date Forecast B 09/03/2010 09/07/2010 enter your response here 09/08/2010 enter your response here 09/09/2010 enter your response here 09/10/2010 enter your response here 09/13/2010 enter your response here 09/14/2010 enter your response here 09/15/2010 enter your response here 09/16/2010 enter your response here 09/17/2010 enter your response here 09/20/2010 enter your response here 09/21/2010 enter your response here Date A B C D Stock Exchange 09/03/2010 127.07 18.54 20.84 15.44 10,536.56 09/07/2010 124.84 18.21 20.45 15.55 10,245.77 09/08/2010 125.67 17.77 20.83 15.72…
I need help with the following questions referring to the image below. Highridge homes has the following payroll information for the week ended Feburary 21: Taxable earnings for Social Security are based on the first $118,500. Taxable earnings for Medicare are based on all earnings. Taxable earnings for federal and state unemployment are based on the first $7,000. Employees are paid time-and-a-half for work in excess of 40 hours per week. Round amounts to the nearest penny. Required 1. Complete the payroll register. The Social Security tax rate is 6.2 percent, and the Medicare tax rate is 1.45 percent. Begin payroll checks with No. 2080. 2. Prepare a general journal entry to record the payroll. The firm's general ledger contains a Wages Expense account and a Wages Payable account. 3. Assuming that the firm has transferred funds from its regular bank account to its special payroll bank account and that this entry has been made, prepare a general journal entry to record the payment of…
Rubatex Corporation manufactures rubber and foam for a variety of products, including artificial turf housing and insulation, hockey helmet liners, scuba diving suits, sports sandals and mouse pads. The company was purchased by an investment firm called American industrial partners (AIP) that has so far earned only a 1 percent return on its investment. Obviously the company is having problems. Its sales are up but earnings are down. In the first three months after acquisition, the company lost $2 million on $68 million in sales. Understandably, AIP wants to know why and is demanding aggressive action. Employees at the Bedford, Virginia, plant say they know something’s wrong. The plant is hot and dirty and crumbling, and they are working harder to produce items of poorer quality. Fewer than 7 of 10 orders are shipped on time, and 2% of sales are returned as defective. Built in 1924, the plant sprawls over 14 buildings, with only the offices and lunchroom air-conditioned. Equipment is…
“Woolworth’s Management should direct the business towards its goals.” With reference to theabove statement, explain the key strategic goals for Woolworth’s