Explain the calculation procedures for and significance of each of the following: a. Return on sales. b.
Question:
Explain the calculation procedures for and significance of each of the following:
a. Return on sales.
b. The current ratio.
c. Inventory turnover.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (4 reviews)
Return on sales is a financial ratio calculated by di...View the full answer
Answered By
PATRICK ATOVE
0.00
0 Reviews
10+ Question Solved
Related Book For
Foundations of Business
ISBN: 978-1337386920
6th edition
Authors: William M. Pride, Robert J. Hughes, Jack R. Kapoor
Question Posted:
Students also viewed these Business questions
-
Explain the calculation procedure for and significance of each of the following: a. One of the profitability ratios b. A short-term financial ratio c. An activity ratio d. Debt-to-owners-equity ratio
-
Explain the calculation procedure for and significance of each of the following: a. Return of the sales. b. The current ratio. c. Inventory turnover.
-
1. According to Illustration Capsule 3.1, which companies comprise the strategic group of firms to which Anheuser-Bush belong? Why is the circle containing Anheuser-Bush and Inbev name larger than...
-
Describe the process of testing software developed using both top-down and bottom-up development order. Which method results in the fewest resources required for testing? What types of errors are...
-
Ismail Construction enters into a contract to design and build a hospital. Ismail is responsible for the overall management of the project and identifies various goods and services to be provided,...
-
Look at the seven sources of opportunity. Which one(s) most closely describe what the founders recognized? Explain your choice(s).
-
1. To develop an understanding of your ethical leadership style 2. To understand how your preferred ethical leadership style relates to other ethical leadership styles Directions 1. Please read the...
-
List six drawbacks of using only subjective information in formulating strategies.
-
If an employee's benefit is paid from a qualified plan in the form of a qualifying lump-sum benefit at retirement, the employee's cost basis will be recovered _______________ with an income tax...
-
A researcher believes that traffic fatalities increase when roads are icy and so states with more snow will have more fatalities than other states. Comment on the following methods designed to...
-
What are the benefits of comparing a firms current financial information with information for previous accounting periods, with industry averages, and with financial information for competitors?
-
Of the three financial ratios discussed in this chapter, which do you think is the most important financial ratio? Why?
-
Under a proposed healthcare reform, doctors' fees will be capped at 80% of their current rate, but doctors can order blood tests that will be reimbursed at 90% of the current rate. How does vertical...
-
One of the principles of economics is that trade can make everyone better off. Explain why this might be so, grounding your discussion in the economic principles. Conversely, do you think trade...
-
Zinc has beginning equity of $271,000, total revenues of $71,000, and total expenses of $47,000. The company has no other transactions impacting equity. What is It's ending equity?
-
TC = 500 + 10Q + 0.05 Q*Q What is the firm's fixed cost What is the firm's average variable cost?
-
You are interested in an investment project that pays 10% of interest rate compounded every four weeks. Assume a 52-week year. What percent return would you effectively earn?
-
Suppose that the inflation premium is 2 percent and the nominal interest rate is 9 percent. Instructions: Round your answers to the nearest whole number. a. What is the real interest rate? percent b....
-
The components of a vector A satisfy Ax < 0 and Ay < 0. Is the direction angle of A between 0 and 90, between 90 and 180, between 180 and 270, or between 270 and 360?
-
On January 2, 20X3, Sheldon Bass, a professional engineer, moved from Calgary to Edmonton to commence employment with Acco Ltd., a large public corporation. Because of his new employment contract,...
-
Dimex Fabrication Co., a small manufacturer of sheet-metal body parts for a major U.S. automaker, estimates its long-run production function to be Q = 0.015625K3L3 + 10K2L2 where Q is the number of...
-
The chief economist for Argus Corporation, a large appliance manufacturer, estimated the firms short-run cost function for vacuum cleaners using an average variable cost function of the form AVC = a...
-
Redstone Clayworks, Inc., a small firm located in Sedona, manufactures clay fire pits that homeowners place on their patios for decoration and light-duty heating. Red-stone is one of 53 firms...
-
Write the Decomposition for this problem. Also include a listing of inputs and outputs. Finally, list the condition of when the loop will end and how you will determine what prints out to the user....
-
Insurance business operations are in two components, i.e. technical business and non-technical business. Briefly explain these two components and define the technical risk to which the insurance...
-
1 3 If f(x) = - 4x + 12x - 5 and the domain is the set of all x such that 0 x 9, then the absolute maximum value of the function f occurs when x is
Study smarter with the SolutionInn App