Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

The Robinson Company had a cost of goods sold of $1,000,000 in 2011 and $1,200,000 in 2012.

a. find out the inventory turnover for each year. Comment on your findings.

b. What would have been the amount of inventories in 2012 if the 2011 turnover ratio had been maintained?

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M944152

Have any Question? 


Related Questions in Basic Finance

A 1000 bond is paying a coupon interest rate of 7 the

A $1,000 Bond is paying a coupon interest rate of 7%. The current Required Rate of Return in the market is 5%. If you were buying this Bond on the market today, would you expect to pay more than $1,000 for it (Premium) o ...

A company will purchase a new machine with a cost of 750000

A company will purchase a new machine with a cost of $750,000. The machine requires aninitial investment in net working capital of $25,000. Net working capital will remain at this levelduring the life of the machine and ...

Mountain minerals pays a constant annual dividend one year

Mountain Minerals pays a constant annual dividend. One year ago, when you purchased shares of that stockat $40 a share, the dividend yield was 6.5 percent. Over this past year, the inflation rate has been 3.2 percent.Tod ...

1 explain the rationale behind the t-test2 write the

1. Explain the rationale behind the t-test. 2. Write the formula for at-test. 3 Distinguish between one-tailed and two-tailed t-tests.

Professors note your answer is close but incorrectnbsp

Professors Note: Your answer is close but incorrect.  Please review "calculating the effective cost of short term credit" in your text.  You need to make sure that the note amount is the NET amount (what Worthington actu ...

1 what is meant by purchasing authority give examples of

1. What is meant by purchasing authority? Give examples of each type of purchasing authority. 2. Discuss the liability issues associated with purchasing agents' actions. Minimum 3 references.

A company forecasts free cash flow next year to be 4

A company forecasts free cash flow next year to be $4 million, $8 million in two years, and $12 million in 3 years. Thereafter, free cash flow is projected to grow at a constant rate of 3% per year forever. If the overal ...

Future value of annuity twins jessica and joshua both 25

Future Value of Annuity. Twins Jessica and Joshua, both 25, graduated from college and began working in the family restaurant business. The first year, Jessica began putting $2,000 per year in an individual retirement ac ...

1 outline the differences between npv irr and pi what are

1. Outline the differences between NPV, IRR, and PI. What are the advantages and disadvantages of each technique? Do they agree with regard to simple accept or reject decisions? 2. Under what circumstances will the NPV, ...

Conduct a similar analysis on financial leverage for the

Conduct a similar analysis on financial leverage for the same two companies in given Problem. Problem:- Compare the operating leverage of Toyota Motor Corp. (ticker: J:TYMO) with that of Nissan Motor Company Limited (J:N ...

  • 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