What are the annual sales for a firm with $800,000 in debt, a total debt ratio of .06, and an asset turnover of 2?

Q: what is the amount of its sales?

A: We know that  Asset Turnover =  Sales/Total assets  Total debt to Total assets ratio = Debt / Total…

Q: ABC Corporation has a debt/equity ratio of 0.4, total debt of $400,000, sales of $50,000, cost of…

A: The inventory turnover ratio is a measure to determine how many times a company has sold its…

Q: CalcTech has $1.3M in current assets and $550,000 in fixed assets less $200,000 in accumulated…

A: Equity is the owner fund in the business which is payable to the members or shareholder at the time…

Q: ADM Pty Ltd has Total Assets of R850 000. Debt ratio for the firm is 80% of which 70% is long term…

A: equity value = (1 - debt ratio)*total assets = (1 - 0.8) * 850,000 = 170,000 net income = asset…

Q: National Co. had P24,000,000 in sales last year.  The company’s net income was P500,000, its total…

A: Financial ratios: Financial ratios are performance measurement methods used by a company to Measure…

Q: Ticks Inc. has a total asset balance composed of 30% current and 70% non-current. The total amount…

A: calculation of total assets of the company... As per Equation Total of Assets=Total of…

Q: rm has long-term debt of $46,400, fixed assets of $35,246, cash of $4,120, accounts payable $7,360,…

A: Working capital, also known as net working capital (NWC), is the difference between a company's…

Q: A firm has $820 in inventory, $3,200 in fixed assets, $670 in accounts receivable, $390 in accounts…

A: Inventory is $820 Fixed Assets is $3,200 Accounts Receivables are $670 Accounts payables are $390…

Q: If the total asset turnover of ABC company is 1.2 times and the sales of the same company is 600…

A: Total asset turnover = 1.2 times Sales = 600 million

Q: A firm currently has receivables of $700,000, inventory of $600,000, and accounts payable of…

A: Days sales outstanding is the number of days taken by firm to convert it's Accounts receivables into…

Q: Footfall Manufacturing Ltd. reports the following financial information at the end of the current…

A: Ratio analyses are used to evaluate the current conditions of the business and compare them with the…

Q: A firm has a debt-to-total assets ratio of 60%, $300,000 in debt, and a net income of $50,000.…

A: Return on equity is a financial ratio which is computed to measure the financial performance of the…

Q: Hank's Motor Works has total assets of $698,400, long-term debt of $289,500, total equity of…

A: Given the following information: Total assets: $698,400 Long-term debt: $289,500 Total equity:…

Q: A firm has a net income of 10 million and a debt ratio of 60%. Its sales are 200 million and it has…

A: Formulas to be used where ROE = Return on equity   Equity ratio = 1 - debt ratio

Q: Company has a net profit margin of 5% and a total asset turnover of 5 times. What is company's…

A: Answer 1) Calculation of Return on Assets Net Profit Margin = Net Profit/ Sales Asset Turnover = Net…

Q: Matbach Industries has $930,000 in current assets and $470,000 in fixed assets less $180,000 in…

A: Introduction: A firm's equity is the amount of shareholders share left in the company after meeting…

Q: Using the ratios below, summarize the financial performance of the company. LIQUIDITY RATIOS…

A: LIQUIDITY RATIOS     Current Ratio (times)     1.75 Quick Ratio (times)     0.52 Average…

Q: A company has a current ratio of 5:1 if the company has ₱200,000 current assets, how much is the…

A: The current ratio is calculated as current assets divided by current liabilities.

Q: An enterprise has total asset turnover of 3.5 times and a total debt to total assets ratio of 70%.…

A: Sales: It refers to the amount received from selling goods or/and providing services by an…

Q: In the past year, TVG had revenues of $2.95 million, cost of goods sold of $2.45 million, and…

A: Times Interest Earned = Earnings Before Interest and Tax/ Interest Expense

Q: An enterprise has total assets turnover of 3.5 times and a total debt to total assets ratio of 70%.…

A: Total debt / Total asset = 70% $1,000,000 / Total assets = 70% Total assets = $1,000,000 / 70% Total…

Q: A company has total assets of $600,000 and total liabilities of $200,000. What is the company's Debt…

A: Debt Ratio = Total Liabilities/Total Assets It is ratio of total liabilities or total debt to total…

Q: A company has got $500 in cash and cash equivalents, $300 in inventory and $200 in account…

A: Solution:- Computation of ratios as follows under:- 1)Calculation of current ratio as follows:-…

Q: A firm has net working capital of $560. Long-term debt is $3,970, total assets are $7,390, and fixed…

A: Firm has assets to operate the business and liabilities from where firm arrange the amount to…

Q: In a business with an asset turnover rate of 2, the return on assets rate is 30% and the net profit…

A: Net sales refer to the amount of goods sold and services provided by the business less discounts…

Q: long

A: Long term debts includes loans & liabilities that are due for more than a year. To be specific…

Q: A company has the following items for the fiscal year 2020: Total Equity = 15 million Total Assets =…

A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: A firm has $100 million in current liabilities, $200 million in total long-term liabilities and $300…

A: Borrowings are the liability of the company which is used to finance the requirement of the funds.…

Q: A firm has net fixed assets of $38,215, long-term debt of $560, cash of $22,400, accounts payable…

A: Working capital is the difference between current assets and current liabilities of an organization.…

Q: A company has sales of $200 million, NOPAT of $12 million, net income of $8 million, net operating…

A: The provided information are: Sales = $200 million, NOPAT = $12 million, Net income = $8 million,…

Q: A firm has net working capital of $550, net fixed assets of $2.296, sales of $6.600, and current…

A: Total assets of refers to the addition of total current assets and total fixed assets possessed by…

Q: A company paid $11,310 in interest and $16,500 in dividends last year. The times interest earned…

A: Data Given:: Interest Expenses= $11,310 Times Interest earned ratio= 2.9 Depreciation expense=…

Q: ADM Pty Ltd has Total Assets of R850 000. Debt ratio for the firm is 80% of which 70% is long term…

A: total debt = 80% of 850,000 = 680,000 equity = 0.2*850,000 = 170,000 long term debt = 0.7 * 680,000…

Q: Red Company has a profit margin of 15 percent on sales of $20,000,000. If the firm has a debt of…

A: Solution:- The return on Total Assets ratio measures how much net income the company earns on its…

Q: 1. If a firm's net income (profits before taxes) is $120,000 and it has total assets of $1.5…

A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: Building an Income Statement Gia, Inc., has sales of $473,000, costs of $275,000, depreciation…

A: Shown below

Q: Oregon Office Supply had 24,000,000 in sales last year. The company’s net income was 400,000, its…

A: SALE 24,000,000 NET INCOME 400,000 TOTAL ASSETS TURNOVER  6.0 ROE 15% DEBT RATIO   ?

Q: Neon Light Company has $1,000,000 in assets and $600,000 of debt. It reports net income of $100,000.…

A: return on sales=incomesales given, asset = $1000,000 debt = $600,000 asset turnover = 3

Q: Example: Determine the financing needed for a company from the following information: 1- The total…

A: Financing seems to be the process of providing funds for commercial activities, acquisitions, or…

Q: Green Penguin Pencil Company has a total asset turnover ratio of 6.00x, net annual sales of $25…

A: Debt ratio indicates extent of leverage. The debt ratio is defined as the ratio of total debt to…

Q: (Using common-size financial statements) The S&H Construction Company expects to have total sales…

A: Pro-Forma Income Statement   Sales $1,54,00,000 Cost of Goods Sold ($15400000 * 62%) $95,48,000…

Q: What is the return on assets? Return on Stockholders' equity? If the firm has a asset turnover ratio…

A: Ratio analysis: The analysis of a company using the financial ratios and comparing its trends and…

Q: The following figures and ratios are related to a company: Credit sales for the year- ₹ 30,00,000…

A: The balance sheet is one of the financial statement that is used to report all the assets,…