The number of times we convert receivables into cash during the year is measured b...
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The number of times we convert receivables into cash during the year is measured b Capital Turnover f. Asset Turnover g. Accounts Receivable Turnover h. Return on Assets If our cost of sales are $ 120,000 and our average inventory balance is $ 90,000, then our inventory turnover rate is: e. .50 f. .75 g. 1.00 h. 1.33 We can estimate our Operating Cycle by taking the sum of: e. f. 5. y: e. 7. Receivable Turnover + Inventory Turnover Days in Receivables + Days in Inventory h. Days in Sales+ Days in Assets If Operating Income (Earnings Before Interest Taxes) is $ 63,000 and Net Sales are s 900,000, then Operating Income to Sales ise. 18% f. 12% 8. g. 7% h. 4% 9. If the price of the stock is $45.00 and the Earnings per Share is $9.00, then the P/E Ratio is: e. h. 15 10. Net Income for 1996 was $400,000 and Net Income for 1997 was $420,000. The percentage change in Net Income ise. 1% 3% 5% 10% g. h
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