Just-in-Time Inventory if a company moves to a JIT inventory management system, what will happen to inventory
Question:
Just-in-Time Inventory if a company moves to a JIT inventory management system, what will happen to inventory turnover? What will happen to total asset turnover? What will happen to return on equity (ROE)?
Step by Step Answer:
JIT systems reduce inventory amounts Assuming no adverse ...View the full answer
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th Edition
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan
Related Video
The Dupont analysis is an expanded return on equity formula, calculated by multiplying the net profit margin by the asset turnover by the equity multiplier. The DuPont analysis is also known as the DuPont identity or DuPont model.This Video will guide on how to calculate return on Equity and estimate profitability of shareholders using DuPont Analysis.
Students also viewed these Corporate Finance questions
-
If a firm's inventory turnover ratio increases, what will happen to the firm's operating cycle?
-
If a firm's inventory turnover ratio increases, what will happen to the firm's cash cycle
-
What approach does JIT take to minimize total inventory costs?
-
In Exercises 3336, use possible symmetry to determine whether each graph is the graph of an even function, an odd function, or a function that is neither even nor odd. ------ -2, y CI (0,4) 2 14...
-
Here's something you can try at home-an experiment to measure your reaction time. Have a friend hold a ruler by one end, letting the other end hang down vertically. At the lower end, hold your thumb...
-
The tabular analysis of transactions for Wolfe Company is presented in E3-4. In E3-4. Instructions Prepare an income statement and a retained earnings statement for August and a classified balance...
-
The following data pertain to the growth of a colony of bacteria in a culture medium: (a) Plot \(\log y_{i}\) versus \(x_{i}\) to verify that it is reasonable to fit an exponential curve. (b) Fit an...
-
203 students signed up for the Stats course in Exercise 39. They used the software suggested by the salesman, and scored an average of 108 points on the final with a standard deviation of 8.7 points....
-
A circular aperture is lit up by a laser with wavelength 565 nm. The central maximum on the screen 50.0 cm away has the same diameter as the circular aperture. What is the diameter of the circular...
-
After retiring as a physician, Bob Guthrie became an avid downhill skier on the steep slopes of the Utah Rocky Mountains. As an amateur inventor, Bob was always looking for something new. With the...
-
Inventory Types what are the different inventory types? How do the types differ? Why are some types said to have dependent demand whereas other types are said to have independent demand?
-
Inventory Costs if a companys inventory carrying costs are $5 million per year and its fixed order costs are $8 million per year, do you think the firm keeps too much inventory on hand or too little...
-
The temperature of a flowing gas stream is measured using a bare thermocouple. which is a spherical metal bead 1.2 mm in diameter. The properties of the metal are: = 8,000 kg/m 3 , c p = 450 J/kg ...
-
Summarize the steps used in solving a quadratic equation of the form az^(2)+bx+c=0 by completing the square and applying the square root property.
-
B D E Your revolving account is charged 21% APR. The finance charge is computed using the average daily balance. Compute the new balance. Billing cycle April 1-30 APR 21% Previous Balance on Apr. 1...
-
Think of a topic you know a lot about. Imagine you need to give two presentations. Presentation one will be given to an audience that has a deep understanding of your topic and presentation two will...
-
It has been determined that the cost of producing x units of a certain item is 8x + 670. The demand function is given by p = D(x) = 41 -0.3x. Step 2 of 2: Find the profit function. Keypad
-
Task 3: Case Studies (Due on Sunday, End of Week 4) Q1: You have just taken over a team of managers. The team members have made it a habit to come unprepared for meetings, and they go on discussing...
-
What are the answers to Solved Problem 19.1 if customers are willing to pay \(\$ 10,000\) for a good used car? Data From Solved Problem 19.1:- Suppose that everyone in our used car example is risk...
-
The time to assemble the first unit on a production line is 10 hours. The learning rate is 0.94. Approximately how long will it take for the seventh unit to be assembled? The number of hours needed...
-
An old lightbulb draws only 50.0 W, rather than its original 60.0 W, due to evaporative thinning of its filament. By what factor is its diameter reduced, assuming uniform thinning along its length?...
-
The SGS Co. had $215,000 in taxable income. Using the rates from Table 2.3 in the chapter, calculate the company's income taxes. In Problem 6, what is the average tax rate? What is the marginal tax...
-
Hammett, Inc., has sales of $34,630, costs of $10,340, depreciation expense of $2,520, and interest expense of $1,750. If the tax rate is 35 percent, what is the operating cash flow, or OCF?
-
Rotweiler Obedience School's December 31, 2013, balance sheet showed net fixed assets of $1,635,000, and the December 31, 2014, balance sheet showed net fixed assets of $1,976,000. The company's 2014...
-
Use factoring by grouping to solve the following equation. 3-522-16r+80=0 Enter the solutions, separated by commas if necessary. Do not use a plus-minus () sign when entering separate answers....
-
What are some intervention policies that make provisions for destitute college or university students in Ethiopia? Please provide Examples
-
Develop a simple application of two- variable linear programming problem to find an optimal product mix in a 'realistic' context. Specify the resources to be considered requirements, and the market...
Study smarter with the SolutionInn App