Calculate NWCs forecasted ratios based on its final forecast and compare them with the companys 2008 historical
Question:
Calculate NWC’s forecasted ratios based on its final forecast and compare them with the company’s 2008 historical ratios, the 2009 initial forecast ratios, and the industry averages. How does NWC compare with the average firm in its industry, and is the company’s financial position expected to improve during the coming year? Explain.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 27% (11 reviews)
Compared with industry averages the firms inventory turnover and total assets turnover are slightly ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Fundamentals of Financial Management
ISBN: 978-0324664553
Concise 6th Edition
Authors: Eugene F. Brigham, Joel F. Houston
Question Posted:
Students also viewed these Finance questions
-
Calculate SECs forecasted ratios, and compare them with the company's 2009 ratios and with the industry averages. Calculate SEC's forecasted free cash flow and return on invested capital (ROIC)....
-
Calculate SEC's forecasted ratios, and compare them with the company's 2004 ratios and with the industry averages. Calculate SECs forecasted free cash flow and return on invested capital (ROIC).
-
Research three items and compare them with the risks they pose in case of a derailment in a rural town. Look at the status of fire departments in your current counties. This involves an exercise...
-
For 32 hours of work, you are paid $241.60. How much would you receive for 37 hours?
-
Sallie Schnudel trades currencies for Keystone Funds in Jakarta. She focuses nearly all of her time and attention on the U.S. dollar/Singapore dollar ($/S$) cross-rate. The current spot rate is...
-
A 20.0-L tank contains 4.86 10 4 of helium at 18.0 o C. The molar mass of helium is 4.00 g/mol. (a) How many moles of helium are in the tank? (b) What is the pressure in the tank, in pascals and in...
-
The ratio of stroke to crank radius of an I.C. engine is (a) \(\frac{1}{2}\) (b) 1 (c) 2 (d) 4
-
Suppose that a product must go through an assembly line that consists of five sequential operations. The time it takes to complete each operation is normally distributed with a mean of 180 seconds...
-
When Great Britain voted to leave the eurozone, the pound depreciated 17% against the dollar. It also raised fears that the eurozone, which uses the euro as a common currency, would fall apart....
-
What is meant by a fixed effects model (FEM)? Since panel data have both time and space dimensions, how does FEM allow for both dimensions?
-
Consultations with several key managers within NWC, including production, inventory, and receivable managers, have yielded some very useful information. (1) NWCs high DSO is largely due to one...
-
Based on the final forecast, calculate NWCs free cash flow for 2009. How does this FCF differ from the FCF forecasted by NWCs initial business as usual forecast?
-
The Antwerp Lions play in the Flemish Football League. The Lions play in the Antwerp Stadium (owned and managed by the City of Antwerp), which has a capacity of 30 000 seats (10 000 lower-tier seats...
-
After receiving complaints from readers, your campus newspaper decides to redesign its front page. A new format B is developed and tested against the current format, A. A total of 100 students are...
-
Fresenius, a German manufacturer of dialysis equipment, acquired APP Pharmaceuticals for $\$ 4.6$ billion. The deal includes an earnout, under which Fresenius would pay as much as $\$ 970$ million if...
-
Predicting Used Car Prices (Bootstrap Forest and Boosted Trees). Return to the Toyota Corolla data, and refit the partition model. (Hint: Use the recall button in the partition dialog). This time,...
-
Does Early Language Reduce Tantrums? A recent headline reads "Early Language Skills Reduce Preschool Tantrums, Study Finds," and the article offers a potential explanation for this: "Verbalizing...
-
Define the difference between process and function and provide an example.
-
Discuss the difference between fixed and dynamic, online and offline, optimal and heuristic scheduling algorithms.
-
Chao, Louis, and Mari, unrelated individuals, own all of the shares of Cerise Corporation. All three shareholders have been active in the management of Cerise since its inception. In the current...
-
Consider the balanced chemical equation 2H 2 O 2 2 H 2 O + O 2 (a) Given 20.0 g of H 2 O 2 (hydrogen peroxide), how many grams of water will the reaction yield? (b) How many grams of hydrogen...
-
When relevant project cash flows are examined, why is an increase in tax depreciation at first deducted and then later added back in determining incremental net cash flow for a period?
-
In capital budgeting, should the following be ignored, or rather added or subtracted from the new machine's purchase price when estimating initial cash outflow? When estimating the machine's...
-
In determining the expected cash flows from a new investment project, why should past sunk costs be ignored in the estimates?
-
1. Explain what the "Deinstitutionalization Mandate" is. This should be done in at least two paragraphs. 2. In another two paragraphs, discuss how status offenses are connected to the...
-
You are the owner of a very small business that sells gourmet coffee. You sell only one product, a 12-ounce bag of whole-bean French roast coffee. You sell each bag of coffee for $14 each, but due to...
-
Find the instantaneous rate of change of the function f(t)=3+5t when t=-3.
Study smarter with the SolutionInn App