Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 8. a. return of total assets = net...

8. a. Return of Total Assets = Net...

60.1K

Verified Solution

Question

Accounting

image
image
8. a. Return of Total Assets = Net Income / Average Total Assets b. Current Ratio = Current Assets / Current Liabilities c. Debt Ratio = Total Liabilities / Total Assets d. Profit Margin Ratio (aka Return on Sales) = Net Income / Net Sales e. Inventory Turnover = Cost of Goods Sold / Average Inventory f. Accounts Receivable Turnover = Net Sales / Average Net Accounts Receivable 8. For the financial ratios below, identify which are favorable when lower values are calculated Place the letter (a,b,c,d,e,t) of the financial ratio here Place Q8a-8f here

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Explain how attenuation regulates the trp operon in response to cellular levels of tryptophan

Biology
Q

For a candy-making competition, Tanya made 3 kinds of candies. She made 3 times as...

Basic Math
Q

Find the following 7 x f 4 if f x x O A OB O...

Calculus
Q

Stan lim 7 sin x x 0 em Choose the correct answer below and if...

Calculus
Q

Graph the solution set If there is no solution indicate that the solution set is...

Algebra
Q

Rewrite the logarithm as an exponential equation 3 log 125 03 125 0125 5 05...

Algebra
Q

Calculate how much McDonald would have in ordinary income, ordinary loss,...

Accounting
Q

Bensen Company began operations when it acquired $26,000 cash from the issue of common...

Accounting
Q

Consider the report distributed by the White House Council of Economic Advisers in October 2016...

Accounting
Q

Required information Use the following information for the Exercises below. (Algo) [The following information applies...

Accounting
Q

U3 Company is considering three long-term capital investment proposals. Each investment has a useful life...

Accounting
Q

A 12-year bond paying 10% coupon semi-annually is selling for $874.50. What is the yield...

Finance