Answer:
91 days
Explanation:
Here, we are to calculate the average number of days it will take to sell its inventory in 2019.
We proceed mathematically as follows;
Inventory turnover=COGS/Average inventory
Average inventory=(192,000 + 202,000)/2=$197,000
hence inventory turnover=(790,000/197,000)= 4.01
hence average days to sell=365/4.01 =91 days (approx)
Answer & Explanation:
Most balance sheets are arranged according to this equation:
Assets = Liabilities + Shareholders’ Equity
The equation above includes three broad buckets, or categories, of value which must be accounted for:
1. Assets
An asset is anything a company owns which holds some amount of quantifiable value, meaning that it could be liquidated and turned to cash. They are the goods and resources owned by the company.
Assets can be further broken down into current assets and noncurrent assets.
- Current assets are typically what a company expects to convert into cash within a year’s time, such as cash and cash equivalents, prepaid expenses, inventory, marketable securities, and accounts receivable.
- Noncurrent assets are long-term investments that a company does not expect to convert into cash in the short term, such as land, equipment, patents, trademarks, and intellectual property.
2. Liabilities
A liability is anything a company or organization owes to a debtor. This may refer to payroll expenses, rent and utility payments, debt payments, money owed to suppliers, taxes, or bonds payable.
As with assets, liabilities can be classified as either current liabilities or noncurrent liabilities.
- Current liabilities are typically those due within one year, which may include accounts payable and other accrued expenses.
- Noncurrent liabilities are typically those that a company doesn’t expect to repay within one year. They are usually long-term obligations, such as leases, bonds payable, or loans.
3. Shareholders’ Equity
Shareholders’ equity refers generally to the net worth of a company, and reflects the amount of money that would be left over if all assets were sold and liabilities paid. Shareholders’ equity belongs to the shareholders, whether they be private or public owners.
Just as assets must equal liabilities plus shareholders’ equity, shareholders’ equity can be depicted by this equation:
Shareholders’ Equity = Assets - Liabilities
— Courtesy of Harvard Business School
I hope this helped! :)
When ending share price is $98, capital gain yield is 12.64% and dividend yield is 2.47%. Percentage total return is 15.11%. When ending share price is $78, percentage price return is -7.87%.
<h3>What is the percentage total return?</h3>
The price return on a stock has two components; the price appreciation and the dividend yield.
Percentage price return = price appreciation + dividend yield
Price appreciation = (price in on year - initial price) / initial price
Dividend yield = dividend / initial price
Percentage price return when ending share price is $98:
Capital gain yield = [(98 /87) - 1 ] = 12.64%
Dividend yield = (2.15/87) = 2.47%
Percentage price return when ending share price is $78:
Capital gain yield = [(78/87) - 1] = -10.34%
Dividend yield = (2.15/87) =2.47%
Percentage price return = -7.87%
To learn more about dividend yield, please check: brainly.com/question/27342287
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Answer:
$3,176
Explanation:
Computation of net operating working capital
Using this formula
Net operating working capital=Current assets less ( Current liabilities less Notes payable)
Where,
Current assets=$4,401
Current liabilities =($975+$600+$250=$1,825)
Notes payable =$600
Let plug in the formula
Net operating working capital=$4,401-($1,825-$600)
Net operating working capital=$4,401-$1,225
Net operating working capita=$3,176
Therefore the Net operating working capital or NOWC will be the amount of $3,176
Students can get a GED by
D) passing a test that awards a Certificate of High School Equivalency
Explanation:
GED has a bad rep among the students because it is not said to be favored by professionals or college but that is not the case entirely and one can be giving a GED for a various number of reasons.
If the person has not been able to cross high school for some reason and has been out of school for 10 months and does not want to wait another year, or simply cannot go for another year for the school they can get this test.
It is basically an equivalent test to the one that is usually touted to the kids as high school passing.
