Shown below are selected financial data for THIS Star, Inc., and THAT Star, Inc., at the end of the current year: Assume that the year-end balances shown for accounts receivable and for inventory also represent the average balances of these items throughout the year. Instructions a. For each of the two companies, compute the following: 1. Working capital. 2. Current ratio. 3. Quick ratio. 4. Number of times inventory turned over during the year and the average number of days required to turn over inventory (round computation to the nearest day). 5. Number of times accounts receivable turned over during the year and the average number of days required to collect accounts receivable (round computation to the nearest day). 6. Operating cycle. b. From the viewpoint of a short-term creditor, comment on the quality of each company’s working capital. To which company would you prefer to sell $50,000 in merchandise on a 30-day openaccount?
4. There are economies of scale in ranching, especially with regard to fencing land. Suppose that barbed-wire fencing costs $10,000 per mile to set up. How much would it ...Dec 05 2019
Research the Internet or the Strayer Online Library for information related to the SEC Acts of 1933 and 1934. Next, create a scenario where your client intentionally viol...May 24 2018
Process Planning for the MfEAt Lulu’s War Eagle company, Figure CS-26A shows a part design for a small flange to be made out of 1020 steel. Prepare a sequence of operatio...May 23 2020
What is the importance of science (such as the laws of thermodynamics, metallurgy, geography and social norms and even the laws governing digestion, etc.) in the economy ...Jun 04 2020
already have answers need to show work for these answerspayback 4.31IRR= 13.25%MIRR= 12.51%NPV= $28,451,509.51PV of expected cash flow= $678, 451, 509.51Nov 29 2019
Discuss changes in circulation that occur at birth. Describe the differences between left-to-right and right-to-left shunts.Feb 04 2020
Problem : Lap Dogs Inc. is planning for next year and has the summarized results given below. The firm pays interest of 13% on all borrowing and is subject to an overall ...May 23 2018
A large pump delivering 1.2 m3/s of water with a pressure rise of 400 kPa is needed for a particular hydroelectric power plant. A proposed design change is tested on a sm...Jun 18 2020
From freezer part which is at -20°C, you take out 2 cm thick meat slice. You set up your oven to 180°C. Assume that the steak is exposed to convection on both sides.(Prop...Jul 31 2020
The progressive discipline process described in this chapter is meant to be fair and understandable, but it tends to be slow. Try to think of two or three offenses that s...May 30 2020
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