Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

Girard Inc. had sales of $1,120,000 last year on fixed assets of $270,000. However, Girard's fixed assets were being used at only 90% of capacity. What is Girard's current fixed assets turnover ratio?
3.87x, 4.06x, 4.15, 3.69x or 4.24x (4.15x)

How much sales could Girard have supported given its current level of fixed assets?
1,077,778
1,050,000
1,105,556
1,244,444
1,300,000

(1,050,000)

Girard is forecasting sales growth of 20% for this year. If existing and new fixed assets are utilized at 100% capacity, what is the firm's expected fixed assets turnover ratio for this year?

4.61x, 3.99x, 3.89x, 4.40x, 4.71x (3.89x)

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M928152

Have any Question? 


Related Questions in Basic Finance

Financial news is everywhere in the popular press and media

Financial news is everywhere in the popular press and media. How do you interpret the following examples of financial news related to the concepts in this chapter? Bernie Madoff 's hedge fund, Ascot Partners, failed in 2 ...

What is meant by the term prevailing torque what do we

What is meant by the term prevailing torque? What do we mean by the terms initial preload and residual preload? Why do they differ? What limits the usefulness of the so-called, long-form torque-preload equation? Explain ...

Finance final exam assignment -answer all questions below

Finance Final Exam Assignment - Answer all questions below. Make sure to show your work. Let me know if you have any question. 1. Suppose the yield on short-term government securities (perceived to be risk-free) is about ...

Change in taxable income- using the information in problem

Change in Taxable Income:- Using the information in problem 10, if Nick's itemized deductions increase by $2,000, how will his taxable income be impacted? Problem:- Taxable Income. Nick is married and has three children ...

1nbspcalculate the cost of new common equity financing of

1. Calculate the cost of new common equity financing of stock R using Gordon Model Round the answers to two decimal places in percentage form (Write the percentage sign in the "units" box) Last Year Dividend Growth Rate ...

1 what does a z score below 2675 indicate according to the

1. What does a Z score below 2.675 indicate, according to the Altman model? 2. Indicate a practical problem with computing a Z score for a closely held firm. 3. No conclusive model has been developed to forecast financia ...

As a percentage of yield whats the minimum and maximum

As a percentage of yield what's the minimum and maximum tensile stress to be seen by a production quantity of these bolts? With the estimated minimum in-service tensile stress in mind, what possible bolt or joint failure ...

Explain the advantages and disadvantages to a call buyer of

Explain the advantages and disadvantages to a call buyer of closing out a position prior to expiration rather than holding it all the way until expiration? Suppose that one is considering buying a call at a particular ex ...

A column in the wall street journal observes that while

A column in the Wall Street Journal observes that "while many people buy stocks in the hope of scoring profits down the road, dividends deliver cash right now." If stockholders desire dividends, why do some firms, such a ...

1 suppose that a researcher finds a significant difference

1. Suppose that a researcher finds a significant difference between two treatment conditions. What additional information might be obtained by adding participant gender as a second factor? 2. Explain why it is better to ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro