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3 years ago

Crane Company has these comparative balance sheet data:

Business

1 answer:

algol133 years ago

4 0

Answer and Explanation:

A. Current ratio= current assets/current liabilities

= 33900+158200+135600/113000 = 2.9

B. Account Receivable Turnover = Sales/ Average account receivables

= 379100 -28000/158200+135600/2) = 2.39

c) Average collection period =

365/ account receivable turnover

= 365/2.39 =

152.72 days

D. inventory turnover = cost of goods sold / average inventory

= 203800/135600+113000/2 = 1.64

E. Days in inventory = 365/inventory turnover=

365/1.64 = 222.561 Days

F. Cash debt coverage

= cash from operating activities - dividend / total debt

= (58000 - 19600 )/(226000) = 0.17

G. Current cash debt coverage = net cash provided by the operating activities / average current liabilities

=58000 /113000 + 135600/2) = 0.467

H. Cash flow available = cash flow from operating activities - Capital Expenditure- Cash Dividend

$(58000-27500-19600)

= $10900

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Explain why circulation and rating systems determine how much money different advertisements cost to run.

lawyer [7]

Answer:

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3 years ago

Cross-border acquisitions are primarily made to: Group of answer choices overcome barriers to entry in another country. reshape

miv72 [106K]

Answer:

Overcomes barriers to entry in another county.

Explanation:

Cross border acquisitions: Buying assets for your company in another country.

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The primary reason for a company to relocate is, getting an entry in the market of of another company which looks profitable. By acquisition the barriers would be gone.

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4 years ago

While writing business messages, avoid terms that unnecessarily focus on differences?

77julia77 [94]

<span>This is true. By looking at similarities, one can keep the tenor of the message positive. This is a major aspect of writing good business letters. Constantly focusing on the negative aspects will do nothing but put off the recipient of the letter and make it harder for them to accept the premises of the message.</span>

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3 years ago

The total assets and total liabilities (in millions) of ABC Corporation and XYZ Corporation follow:

lbvjy [14]

Answer:

For ABC CORPORATION, stockholders' equity is $21,896,000,000

For XYZ CORPORATION, stockholders' equity is $19,722,000,000

Explanation:

Stockholders' Equity is the owner's residual interest in the business.

The formula for equity equals Asset minus liability

For ABC CORPORATION =

Asset = $39,100,000,000

Liability = $17,204,000,000

Stockholders' Equity = Asset - Liability

= $39,100,000,000 - $17,204,000,000 = $21,896,000,000

For XYZ CORPORATION =

Asset = $37,927000,000

Liability = $18,205000,000

Stockholders' Equity = Asset - Liability

= $37,927,000,000 - $18,205000,000 = $19,722,000,000

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3 years ago

Read 2 more answers

WHAT IS THE DIFFERENT BETWEEN BUSINESS MANAGEMENT AND BUSINESS ADMINISTRATION

myrzilka [38]

Answer:

A business management degree focuses more on planning and organizing, whereas a degree in business administration provides a broad background and then allows the student to focus on a specialized area of business

Explanation:

Business administration (also known as business management) is the administration of a business. It includes all aspects of overseeing and supervising business operations. From the point of view of management and leadership, it also covers fields that include accounting, finance, project management and marketing.

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3 years ago