Question: please help Question 7 2 pts Mako Industries is considering changes in its worlong capital policies to improve its cash flow cycle. Mako's sales last
Question 7 2 pts Mako Industries is considering changes in its worlong capital policies to improve its cash flow cycle. Mako's sales last year were $4.5 million (all on credit), and its net profit margin was 8%. Its inventory turnover was 70 times during the year, and its DSO was 42 days. Its annual cost of goods sold was $3.15 million. The firm had foed assets totaling $550.000 Mako's payables deferral period is 46 days. Assume Mako holds negligible amounts of cash and marketable securities. calculate its total asset tumover. 2.66x 3.01% 2.96x 2.75% Question 8 2 pts Mako Industries is considering changes in its working capital policies to improve its cash flow cycle. Mako's sales last year were $4.5 million (all on credit), and its net profit margin was 8% its inventory turnover was 7.0 times during the year, and its DSO was 42 days. Its annual cost of goods sold was $3.15 million. The firm had fixed assets totaling $550,000. Mako's payables deferral period is 46 days. Suppose Mako's managers believe the annual inventory turnover can be raised to 8 times without affecting sale or profit margins. What would Mako's ROA have been if the inventory tumover had been 8 for the year? 22.46% 33.14% 29.42% 24.63%
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