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Bingel [31]
3 years ago
5

Analysis of a company's financial statements: Below are simplified versions of the balance sheet and income statement for Toys b

y Tom, Inc. Use this information to answer the following question. A 15% increase in inventory turns for Toys by Tom, Inc. would bring this ratio to ____, suggesting ________ in ________.
Business
1 answer:
nlexa [21]3 years ago
8 0

Answer: 3.9 times; an improvement; efficiency

Explanation:

Inventory turns is calculated by the formula:

= COGS / Inventory

= 8.4 / 2.50

= 3.36

Increased by 15%:

= 3.36 * (1 + 15%)

= ‭3.864‬

= 3.9 times

<em>Inventory turns is used to show how often the inventory was sold in a period. A higher ratio therefore presents </em><u><em>increased efficiency</em></u><em> and is desired. </em>

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Face 2 Face Corporation reports 100 outstanding shares, 500 authorized shares, and 50 shares of treasury stock. How many shares
natita [175]

Based on the total number of shares in circulation, we can infer that the number of shares issued was<u> 150 shares. </u>

The shares issued are those that the company sold to the public out of those that were authorized to them.

To find the issued shares, use the formula:

<em>= Shares outstanding + Treasury shares </em>

= 100 + 50

= 150 shares

In conclusion, 150 shares were issued.

<em>Find out more at brainly.com/question/15867835. </em>

8 0
3 years ago
The law of demand (ceteris paribus) says...
Nataly_w [17]

Answer:

Yes. This is basis the type of the good.

Explanation:

For Example, a Luxury good will be bought only if it priced high and if it is priced less, no one will buy - Example gold.

Normal goods it is otherwise. They will swich for alternatives.

3 0
3 years ago
Patrick, a job applicant, was asked by his interviewer, "in your previous job, how did you handle employees who were poor perfor
Kryger [21]
Hey there,
The answer is B, <span>Behavioral interview

Hope this helps ^_^

~Top
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6 0
4 years ago
Read 2 more answers
Rents of $750.00 per month on each unit of a 4-plex are current. for an october 16th closing, the rent proration on the settleme
Lady bird [3.3K]

Rents of $750.00 per month on each unit of a 4-plex are current. For an October 16th closing, the rent proration on the settlement statement would be $1,548.38 Credit Buyer & Debit Seller.

-Seller must pay buyer for the days the buyer owns the property, Oct 16 - 31, 16 days. $750 x 4 /31 = $96.77 per day x 16 = $1548.38

<h3>What does it mean to prorate your rent?</h3>

The amount a landlord charges is referred to as "prorated rent" and is only applied to the days the unit is occupied when a resident occupies it for a short period of time (a month, week, day, etc.). Given that daily rates are frequently more expensive, it is based on monthly rates instead than daily rates.

You must first determine the daily rent in order to figure out how much prorated rent will be. Divide the overall rent payment by the number of days in a month to arrive at this. Then double the acquired daily rent amount by the number of days you will be occupying the property during that month.

To learn more about rent proration visit:

brainly.com/question/14087263

#SPJ4

5 0
1 year ago
If you did a breakeven analysis for your firm, it would be possible for you to show management the point at which ________. the
strojnjashka [21]
If you did a break-even analysis for your firm, it would be possible for you to show management the point at which <span>the level of sales that will cover all of the company's costs</span>. A break-even analysis is how management and accountants asses the variable and fixed costs a company has with their sales revenue. When comparing these, the company is able to see at what point they will break even and cover all necessary operating costs. A good way to remember break-even is the point in which a business has no profit or loss. 
7 0
3 years ago
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