The ways you act, think, and feel describe your ____

A manufacturing company producing medical devices reported $60 million in sales over the last year. At the end of the same year,

Svetradugi [14.3K]

Answer:

Annual average inventory in days (no of times) = 1.5 times

Explanation:

Annual inventory turn over is the average length of time it takes for inventor to be sold and replaced.

Average inventory turnover = average inventory/ cost of sold × 365

Average inventory turnover (in No of times) = Cost of sold sold /average inventory

Cost of goods sold

= (1000/2000) × 60 million

= $30 million

Closing Inventory = $20 million

Annual average inventory

= $20/ 30 × 365 days

= 243.days

Annual average inventory

= cost of sold sold /average inventory

=30/20

= 1.5 times

Annual average inventory in days = 243.days

Annual average inventory in days (no of times) = 1.5 times

8 0

3 years ago

Earnings per Share, Price-Earnings Ratio, Dividend Yield The following information was taken from the financial statements of To

Aleks [24]

Answer:

a. the earnings per share is $2.28

b. the price-earnings ratio is 5.96 times

c. the dividends per share is $0.25

d. the dividend yield is 1.84%

Explanation:

a. the earnings per share

Earning per share is the net earning of the company against each outstanding share.

Earning per share = Net Income / Numbers of Outstanding shares

Earning per share = $502,000 / ($5,500,000/$25)

Earning per share = $502,000 / 220,000 = $2.28

b. the price-earnings ratio

Price earning ratio determines the impact of net income on market value of the share.

Price earning Ratio = Market Pice of stock / Earning per share

Price earning Ratio = $13.60 / $2.28

Price earning Ratio = 5.96

c. the dividends per share

Dividend per share is the value of dividend paid to each outstanding common share.

Dividend per share = Dividend declared / Numbers of outstanding shares

Dividend per share = $55,000 / 220,000 shares

Dividend per share = $0.25 per share

d. the dividend yield.

Dividend yield is the ratio of dividend per share and Market price per share.

Dividend Yield = Dividend Per share / Market price per share

Dividend Yield = $0.25 / $13.60 = 0.0184 = 1.84%

3 0

3 years ago

The term ________ refers to a limited-capacity store that not only retains information over the short term (maintenance), but al

notka56 [123]

Answer:

Short term memory or working memory

Explanation:

Woekin memory or short term memory refers to a limited-capacity store that not only retains information over the short term (maintenance), but also permits the performance of mental operations with the contents of this store (manipulation)

7 0

3 years ago

Read 2 more answers

Niels owned three adjoining parcels of land in Arizona. Hannah wanted to buy one. Over dinner, the two sketched and signed this

mart [117]

Answer:

Hannah will lose her suit.

Explanation:

Niels and Hannah did not have a binding deal. They did not decide on a specific lot of land or on a price. It is never even decided how the two of them will decide on a fair method of agreeing on the price. Don't be fooled by words like binding contract. The terms are too vague and therefore Hannah will ultimately lose the case.

7 0

4 years ago

A company is considering a project with a cash break-even point of 22,600 units. The selling price is $28 a unit, the variable c

Ludmilka [50]

Answer:

fixed Cost 39,000

Explanation:

The break even point is the level of sales at which net income equal to zero.

This means the company operates and pays their fixed and variable cost

The formula for break even point in units is:

$BEP_{units} = \frac{Fixed \: cost}{Contribution \: per \: units}$

Where:

Contribution per unit = Selling price - variable cost

15 per unit = 28 - 13

We are given the BEP and we need to solve for Fixed cost

$22,600 = \frac{Fixed \: cost}{15}$

Fixed Cost = 22,600 x 15 = 39,000

The depreciation expense is irrelevant for the case, we can solve for the total fixed cost directly by using the BEP

4 0

4 years ago

The ways you act, think, and feel describe your _____.