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

Assignmenti the capital asset pricing model1write down the

Assignment I. The Capital Asset Pricing Model 1. Write down the formula for the Capital Asset Pricing Model (CAPM) and explain every variable in the model. 2. The betas for each of the assets are given in the table below ...

Discussion lets discuss the following based on the assigned

Discussion: Let's discuss the following (based on the assigned and recommneded reading): 1. Is Paying a Premium for Certain Securities Worth the Price? Are portfolio managers willing to pay a premium for securities that ...

Why might households and firms in a foreign country prefer

Why might households and firms in a foreign country prefer to use U.S. dollars rather than their own country's currency in making transactions? What advantages or disadvantages do foreign governments experience because o ...

1 discuss the conditions where a multidomestic or regional

1. Discuss the conditions where a multidomestic or regional strategy might perform better than a transnational or international strategy. 2. Explain how global integration and local responsiveness might be successful in ...

1 what are the most important threats to validity that

1. What are the most important threats to validity that occur in quasi experimental research designs when the research is conducted over a period of time? What techniques can be used to minimize these potential interpret ...

A bond with a par value of 100000 and a semiannual coupon

A bond with a par value of $1,000.00 and a semiannual coupon has a nominal yield to maturity of 5.30% and a current price of $920.00. If the bond has 6 years to maturity, what is its current yield? 4.23% 4.34% 0.00% 4.18 ...

1 what is noise trading2 what is herd behavior and how can

1. What is noise trading? 2. What is herd behavior, and how can it lead to a bubble in a financial market? 3. Some mutual funds have started behavioral finance funds that attempt to use insights from behavioral finance i ...

What is the firms goal in short-term investing how does it

What is the firm's goal in short-term investing? How does it use money market mutual funds? Describe some of the popular money market financial instruments in each of the following groups: a. U.S. Treasuries b. Federal a ...

Why might a company pay as a stock dividend list the three

Why might a company "pay" as a stock dividend? ?. List the three possible explanations for why companies pay cash dividends ? Identify three different methods that a company can use to repurchase its own stock from inves ...

Explain how closeout netting reduces the credit risk for

Explain how closeout netting reduces the credit risk for two firms engaged in several derivatives contracts ? How does the legal system impose risk on a derivatives dealer? Consider a firm that has assets that generate c ...

  • 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

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

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen