![]() ![]() Assuming that fixed assets orices (not book values) rose over the past six years due to inflation, Our Play paid a amount for iss fixed assets, 3. This is because Like Games was formed eight years ago, so the acquisition cost of its foxed assets is reconded at historic values when the company bought its assets and has been depreciated since then. Uke Games's fixed assets turnover ratio is than that of Our Play. ![]() It takes Our Piay time to collect cash from its customers than it takes Like Games.ΔΆ. Our Play has days of sales tied up in receivables, which is much than the industry average. This information is listed as follows: (Note: Assume there are 365 days in a year.) Using this information, complete the following statements to include in your analysis. You've collected data from the companies' financial statements. As an analyst, you want to make comments on the expected performance of these two companies in the coming year. Last year, the average sales for all industry competitors was $510, 000. You've collected company data to compare Lke Gamet and Our Play. However, both companies have an equal market share with sales of $200, 000 each. Like Games was launched eight years ago, whereas Our Play is a relatively new company that has been in operation for only the past two years. You are analyzing two companies that manufacture electronic toys-Like Games inc. is holding less inventory per dollar of sales compared with the industry average. is holding more inventory per dollar of sales compared with the industry average. Based on this information, which of the following statements is true for Polk Software Inc? Polk Software Inc. The inventory turnover ratio across companies in the software industry is 7.7265 x. Over the paut year, how often did Polk Software Inc, sell and replace its inventory? 6.01 x 2.86 x 9.09 x 10.00 x Additionally, the company's cost of goods sold is 75% of sales. ![]() The company reported annual sales of $200, 000 in the most recent annual report. Consider the following case: Pok Software Inc, has a quick ratio of 2.00 x, $24, 750 in cash, $13, 750 in accounts receivable, some inventory, total current assets of $55, 000, and total current liabilities of $19, 250. Examples of asset management ratios include the average collection period (also called the days saies outstanding ratio), the inventory turnover ratio, the fixed asset turnover ratio, and the total asset tumover ratio. Asset management ratios Asset management ratios are used to measure how effectively a firm manages its assets, by relating the amount a firm has invested in a particular type of asset (or group of assets) to the amount of revenues the asset is generating. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |