menu
bartleby
search
close search
Hit Return to see all results
Subscribe
Sign in
Business
AccountingFinancial & Managerial Accounting13th Edition
close solutoin list

Sales to assets A company reports the following: Sales $1,800,000 Average total assets (excluding long term investments) 1,125,000 Determine the ratio of sales to assets.

BuyFindarrow_forward

Financial & Managerial Accounting

13th Edition
Carl Warren + 2 others
Publisher: Cengage Learning
ISBN: 9781285866307

Solutions

Chapter
Section
Problem 1DQ
Problem 2DQ
Problem 3DQ
Problem 4DQ
Problem 5DQ
Problem 6DQ
Problem 7DQ
Problem 8DQ
Problem 9DQ
Problem 10DQ
Problem 15.1APE
Problem 15.1BPE
Problem 15.2APE
Problem 15.2BPE
Problem 15.3APE
Problem 15.3BPE
Problem 15.4APE
Problem 15.4BPE
Problem 15.5APE
Problem 15.5BPE
Problem 15.6APE
Problem 15.6BPE
Problem 15.7APE
Problem 15.7BPE
Problem 15.8APE
Problem 15.8BPE
Problem 15.9APE
Problem 15.9BPE
Problem 15.10APE
Problem 15.10BPE
Problem 15.11APE
Problem 15.11BPE
Problem 15.1EX
Problem 15.2EX
Problem 15.3EX
Problem 15.4EX
Problem 15.5EX
Problem 15.6EX
Problem 15.7EX
Problem 15.8EX
Problem 15.9EX
Problem 15.10EX
Problem 15.11EX
Problem 15.12EX
Problem 15.13EX
Problem 15.14EX
Problem 15.15EX
Problem 15.16EX
Problem 15.17EX
Problem 15.18EX
Problem 15.19EX
Problem 15.20EX
Problem 15.21EX
Problem 15.22EX
Problem 15.23EX
Problem 15.24EX
Problem 15.25EX
Problem 15.26EX
Problem 15.1APR
Problem 15.2APR
Problem 15.3APR
Problem 15.4APR
Problem 15.5APR
Problem 15.1BPR
Problem 15.2BPR
Problem 15.3BPR
Problem 15.4BPR
Problem 15.5BPR
Problem 1FSA
Problem 15.1CP
Problem 15.2CP
Problem 15.3CP
Problem 15.4CP
Problem 15.5CP
BuyFindarrow_forward

Financial & Managerial Accounting

13th Edition
Carl Warren + 2 others
Publisher: Cengage Learning
ISBN: 9781285866307
Chapter 15, Problem 15.8APE
Textbook Problem
1 views

Sales to assets

A company reports the following:

Sales $1,800,000
Average total assets (excluding long term investments) 1,125,000

Determine the ratio of sales to assets.

To determine

Financial Ratios: Financial ratios are the metrics used to evaluate the liquidity, capabilities, profitability, and overall performance of a company.

To compute: Ratio of sales to total assets

Given info: Sales and average total assets

Explanation of Solution

Ratio of sales to total assets is used to determine the asset’s efficiency towards sales.

Formula: Ratio of sales to total assets=SalesAverage total assets

Compute ratio of sales to total assets as below:

Ratio of sales tox

Still sussing out bartleby?

Check out a sample textbook solution.

See a sample solution
arrow_back
Chapter 15,
Problem 15.7BPE
Chapter 15,
Problem 15.8BPE
arrow_forward

The Solution to Your Study Problems

Bartleby provides explanations to thousands of textbook problems written by our experts, many with advanced degrees!

Get Started

Chapter 15 Solutions

Financial & Managerial Accounting
Show all chapter solutions
add
Ch. 15 - What is the difference between horizontal and...Ch. 15 - What is the advantage of using comparative...Ch. 15 - A companys current year net income (after income...Ch. 15 - How would the current and quick ratios of a...Ch. 15 - a. Why is it advantageous to have a high inventory...Ch. 15 - What do the following data, taken from a...Ch. 15 - A. How does the rate earned on total assets differ...Ch. 15 - Kroger, a grocery store, recently had a...Ch. 15 - The dividend yield of Suburban Propane was 7.7% in...Ch. 15 - Describe two reports provided by independent...
Ch. 15 - Horizontal analysis The comparative temporary...Ch. 15 - Horizontal analysis The comparative accounts...Ch. 15 - Vertical analysis Income statement information for...Ch. 15 - Vertical analysis Income statement information for...Ch. 15 - Current position analysis The following items are...Ch. 15 - Current position analysis The following items are...Ch. 15 - Accounts receivable analysis A company reports the...Ch. 15 - Accounts receivable analysis A company reports the...Ch. 15 - Inventory analysis A company reports the...Ch. 15 - Inventory analysis A company reports the...Ch. 15 - Long-term solvency analysis The following...Ch. 15 - Long-term solvency analysis The following...Ch. 15 - Times interest charges are earned A company...Ch. 15 - Times interest earned A company reports the...Ch. 15 - Sales to assets A company reports the following:...Ch. 15 - Sales to assets A company reports the following:...Ch. 15 - Rate earned on total assets A company reports the...Ch. 15 - Rate earned on total assets A company reports live...Ch. 15 - Common stockholders profitability analysis A...Ch. 15 - Common stockholders' profitability analysis A...Ch. 15 - Earnings per share and price-earnings ratio A...Ch. 15 - Earnings per share and price-earnings ratio A...Ch. 15 - Vertical analysis of income statement Revenue and...Ch. 15 - Vertical analysis of income statement The...Ch. 15 - Common-sized income statement Revenue and expense...Ch. 15 - Vertical analysis of balance sheet Balance sheet...Ch. 15 - Horizontal analysis of the income statement Income...Ch. 15 - Current position analysis The following data were...Ch. 15 - Current position analysis PepsiCo, Inc., the...Ch. 15 - Current position analysis The bond indenture for...Ch. 15 - Accounts receivable analysis The following data...Ch. 15 - Accounts receivable analysis Xavier Stores Company...Ch. 15 - Inventory analysis The following data were...Ch. 15 - Inventory analysis Dell Inc. and Hewlett-Packard...Ch. 15 - Ratio of liabilities to stockholders equity and...Ch. 15 - Ratio of liabilities to stockholders' equity and...Ch. 15 - Ratio of liabilities to stockholders' equity and...Ch. 15 - Ratio of sales to assets Three major segments of...Ch. 15 - Profitability ratios The following selected data...Ch. 15 - Profitability ratios Ralph Lauren Corporation...Ch. 15 - Six measures of solvency or profitability The...Ch. 15 - Five measures of solvency or profitability The...Ch. 15 - Earnings per share, price-earnings ratio, dividend...Ch. 15 - Price-earnings ratio; dividend yield The table...Ch. 15 - Appendix Earnings per share, extraordinary item...Ch. 15 - Appendix Extraordinary item Assume that the amount...Ch. 15 - Appendix Income statement and earnings per share...Ch. 15 - Unusual items Explain whether Colston Company...Ch. 15 - Horizontal analysis of income statement For 2016,...Ch. 15 - Vertical analysis of income statement For 2016,...Ch. 15 - Effect of transactions on current position...Ch. 15 - Nineteen measures of solvency and profitability...Ch. 15 - Solvency and profitability trend analysis Addai...Ch. 15 - Horizontal analysis of income statement For 2016,...Ch. 15 - Vertical analysis of income statement For 2016....Ch. 15 - Effect of transactions on current position...Ch. 15 - Nineteen measures of solvency and profitability...Ch. 15 - Solvency and profitability trend analysis Crosby...Ch. 15 - Financial Statement Analysis The financial...Ch. 15 - Analysis of financing corporate growth Assume that...Ch. 15 - Receivables and inventory turnover Rodgers...Ch. 15 - Vertical analysis The condensed income statements...Ch. 15 - Profitability and stockholder ratios Deere Co....Ch. 15 - Comprehensive profitability and solvency analysis...

Additional Business Textbook Solutions

Find more solutions based on key concepts
Show solutions add
Which is the fundamental purpose of responsibility accounting? a. Variance analysis b. Pricing c. Budgeting d. ...

Accounting Information Systems

Operating leverage Beck Inc. and Bryant Inc. have the following operating data: Beck Inc. Bryant Inc Sales 1,2...

Financial & Managerial Accounting

Who usually administers a bond sinking fund?

College Accounting, Chapters 1-27

Steel Magnolia Incorporated purchased a trademark 7 years ago for 275,000. Steel Magnolia believed the trade-ma...

Intermediate Accounting: Reporting And Analysis

A truck with a cost of 82,000 has an estimated residual value of 16,000, has an estimated useful life of 12 yea...

Financial Accounting

McIntyre Company adheres to a policy of depositing all cash receipts in a bank account and making all payments ...

Corporate Financial Accounting

Nozama.com Inc. sells consumer electronics over the Internet. For the next period, the budgeted cost of the sal...

Financial And Managerial Accounting

How are the three financial statements shown in this chapter connected?

College Accounting (Book Only): A Career Approach

Nonvalue-Added Costs Evans Inc. has the following two activities: (1) Reworking products, cost: 740,000. The re...

Managerial Accounting: The Cornerstone of Business Decision-Making

Assume that Muscular Consulting erroneously recorded the payment of 7,500 of owner withdrawals as a debit to Sa...

Financial Accounting

Decision making with job order costs Alvarez Manufacturing Inc. is a job shop. The management of Alvarez Manufa...

Accounting

Overall, would it be more profitable for a business to follow the economic model or the socioeconomic model of ...

Foundations of Business (MindTap Course List)

Governments may intervene in a market economy in order to a. protect property rights. b. correct a market failu...

Essentials of Economics (MindTap Course List)

Define the terms product item, product line, and product mix

MKTG 12:STUDENT ED.-TEXT

What would it mean if the poverty income threshold level of the United States were applied to Mexico?

Economics:

(Inflation) Here are some recent data on the U.S. consumer price index: Year CPI Year CPI Year CPI 2013 233.5 1...

ECON MACRO

(Costs in the Short Run) Identify each of the curves in the following graph:

ECON: MICRO4 (New, Engaging Titles from 4LTR Press)

PORTFOLIO BETA A mutual fund manager has a 20 million portfolio with a beta of 1.7. The risk-free rate is 4.5%,...

Fundamentals of Financial Management (MindTap Course List)

When two individuals produce efficiently and then make a mutually beneficial trade based on comparative advanta...

Principles of Microeconomics (MindTap Course List)

What are four procedures that can be used to prevent or detect employee fraud schemes?

Accounting Information Systems

The Tennessean, an online newspaper located in Nashville, Tennessee, conducts a daily poll to obtain reader opi...

STATISTICS F/BUSINESS+ECONOMICS-TEXT

(Game Theory) While grading a final exam, an economics professor discovers that two students have virtually ide...

ECON MICRO

Which of the following trade policies would benefit producers, hurt consumers, and increase the amount of trade...

Principles of Macroeconomics (MindTap Course List)

Given a description of a companys marketing mix, classify the elements of the marketing mix and the category of...

Contemporary Marketing

Communication Technology Social Media Team Web. Paramount Fitness Corporation, a commercial strength equipment ...

Essentials of Business Communication (MindTap Course List)

The money supply includes all of the following EXCEPT a. metal coins. b. paper currency. c. lines of credit acc...

Brief Principles of Macroeconomics (MindTap Course List)

FINDING THE REQUIRED INTEREST RATE Your parents will retire in 19 years. They currently have 350,000 saved, and...

Fundamentals of Financial Management, Concise Edition (MindTap Course List)

How would you apply systems thinking to a problem such as poor performance in your current academic studies? Wh...

Management, Loose-Leaf Version

Give two examples of price discrimination. In each case, explain why the monopolist chooses to follow this busi...

Principles of Economics (MindTap Course List)

Rainy Day Services had 430 of supplies reported on its unadjusted trial balance as of March 31. During the mont...

College Accounting (Book Only): A Career Approach

Statement of cash flows-direct method The comparative balance sheet of Canace Products Inc. for December 31, 20...

Accounting (Text Only)

INTEREST RATE DETERMINATION AND YIELD CURVES a. What effect would each of the following events likely have on t...

Fundamentals of Financial Management (MindTap Course List)

In terms of signaling behavior: a. Why is wearing a suit a weaker signal of ability than higher educational ach...

Exploring Economics

What reinvestment rate assumptions are built into the NPV, IRR, and MIRR methods? Give an explanation for your ...

Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)

Discuss the differences between statistics as numerical facts and statistics as a discipline or field of study.

Statistics for Business & Economics, Revised (MindTap Course List)

REDEMPTION OF BONDS ISSUED AT FACE VALUE Okano Medical Lab issued 300,000 in bonds at face value 10 years ago a...

College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)

Explain how electronic data interchange (EDI) is used to link two companies business processes together.

Pkg Acc Infor Systems MS VISIO CD

In which of the following circumstances is expansionary fiscal policy more likely to lead to a short-run increa...

Principles of Macroeconomics (MindTap Course List)

Effect of proposals on divisional performance A condensed income statement for the Jet Ski Division of Amazing ...

Survey of Accounting (Accounting I)

Journalizing installment notes On the first day of the fiscal year, a company issues 45,000, 8%, six-year insta...

Corporate Financial Accounting

What conditions exclude sick pay from the definition of wages for FICA tax purposes?

PAYROLL ACCT.,2019 ED.(LL)-TEXT

Give an example that illustrates how asymmetric information can lead to more of a good being consumed than if t...

Microeconomics

Do you think organizational purchasers should behave like entrepreneurs? Why or why not?

Purchasing and Supply Chain Management

If Congress fails to pass a budget before the fiscal year starts, then federal agencies may continue to operate...

Economics For Today

In the lawn mower production problem in Example 8.4, the model changeover cost dominates in the optimal objecti...

Practical Management Science

Discuss some of the reasons for budgeting.

Cornerstones of Cost Management (Cornerstones Series)

In Exhibit 4(b), determine the slope between points A and D.

Economics (MindTap Course List)

Suppose that the economy is self-regulating, that the price level is 110, that the quantity demanded of Real GD...

Macroeconomics

Insert needed commas. Write correct if you find no errors. The employee who is featured in our latest televisio...

Bcom

Treasury Stock Refer to the information for Heitman Company above. Required: 1. How will this transaction affec...

Cornerstones of Financial Accounting

Differential analysis for a discontinued product The condensed product-line income statement for Rhinebeck Comp...

Managerial Accounting

What is the difference between an anticipated and an unanticipated increase in aggregate demand? Provide an exa...

Economics: Private and Public Choice (MindTap Course List)

Assume that both union and management representatives agree to wage increases because they expect prices to ris...

Macroeconomics: Private and Public Choice (MindTap Course List)

Why is it important for producers to be able to prevent nonpaying customers from receiving a good?

Microeconomics: Private and Public Choice (MindTap Course List)

Which of the following makes short-term conditional low-interest loans to LDCs? a. World Bank b. Agency for Int...

MACROECONOMICS FOR TODAY

As shown in Exhibit A-6, the slope of straight line AB a. decreases with increases in X. b. increases with incr...

Micro Economics For Today

Last year, when Ai-Lan Nguyen told her friend Greg Barnwell that Off the Hook Tees, based in Asheville, North C...

Understanding Management (MindTap Course List)

bartleby
© bartleby 2020