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DerKrebs [107]
3 years ago
12

Using the financial statements for HH Company below: Sales 1,607,500 Cost of goods sold 1,392,500 Selling, general and administr

ative 145,000 Earnings before interest and taxes (EBIT) 70,000 Federal and state income taxes (40%) 18,200 Net income 27,300 HH Company Balance Sheet as of December 31, 20XX Assets 80,500 Accounts Payable 132,000 Accounts Receivable 334,500 Current portion of debt 84,000 Inventories 240,000 Other current liabilities 114,000 Total current assets 655,000 Total current liabilities 330,000 Net fixed assets 292,500 Long-term debt 256,500 Total assets 947,500 Total liabilities 586,500 Common equity 361,000 Total Liabilities Equity 947,500 1. Calculate the indicated ratios for HH. Company Averages Industry Averages Current Ratio 2.2 Days sales outstanding (based on 365-day year) 36 days Inventory turnover 6.7 Fixed asset turnover 12.1 Total assets turnover 3.00 Return on sales 1.20% Return on assets 3.60% Return on equity 9.00% Debt ratio 55% 2. Discuss HH's strengths and weaknesses as revealed by your analysis. 3. Suppose HH doubles its sales as well as its inventories, accounts receivable, and common equity during the year. How would that information affect the validity of your ratio analysis
Business
1 answer:
LiRa [457]3 years ago
4 0

Answer:

D

Explanation:

ys Inventory turnover 6.7 Fixed asset turnover 12.1 Total assets turnover 3.00 Return on sales 1.20% Return on assets 3.60% Return on equity 9.00% Debt ratio 55% 2. Discuss HH's strengths and weaknesses as revealed by your analysis. 3. Suppose HH doubles its sales as well as its inventories, accounts receivable, and common equity during the year. How would that information affect the validity of your ratio analysis

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Describe the life cycle of a product and explain profitability and sales volume at each stage
Helga [31]

Answer:

Product Life Cycle: Overview

The product life cycle (PLC) describes a product's life in the market with respect to business/commercial costs and sales measures. It proceeds through multiple phases, involves many professional disciplines and requires many skills, tools and processes.

This is not to say that product lives cannot be extended – there are many good examples of this – but rather, each product has a ‘natural’ life through which it is expected to pass.

The stages of the product life cycle are:

Introduction

Growth

Maturity

Decline

PLC management makes these three assumptions:

Products have a limited life and, thus, every product has a life cycle.

Product sales pass through distinct stages, each of which poses different challenges, problems and opportunities to its parent company.

Products will have different marketing, financing, manufacturing, purchasing and human resource requirements at the various stages of its life cycle.

The product life cycle begins with the introduction stage (see ). Just because a product successfully completes the launch stage and starts its life cycle, the company cannot take its success for granted.

image

Product Development and Product Life Cycle: The Product Life Cycle follows directly after new product development.

A company must succeed at both developing new products and managing them in the face of changing tastes, technologies and competition. A good product manager should find new products to replace those that are in the declining stage of their life cycles; learning how to manage products optimally as they move from one stage to the next.

Product Lifecycle Management Stage 1: Market Introduction

This stage is characterized by a low growth rate of sales as the product is newly launched and consumers may not know much about it. Traditionally, a company usually incurs losses rather than profits during this phase. Especially if the product is new on the market, users may not be aware of its true potential, necessitating widespread information and advertising campaigns through various media.

However, this stage also offers its share of opportunities. For example, there may be less competition. In some instances, a monopoly may be created if the product proves very effective and is in great demand.

Characteristics of the introduction stage are:

High costs due to initial marketing, advertising, distribution and so on.

Sales volumes are low, increasing slowly

There may be little to no competition

Demand must be created through promotion and awareness campaigns

Customers must be prompted to try the product.

Little or no profit is made owing to high costs and low sales volumes

Growth

During the growth stage, the public becomes more aware of the product; as sales and revenues start to increase, profits begin to accrue.

Explanation:

4 0
2 years ago
It is a good idea to prepare for possible layoffs by making sure ______.
Eva8 [605]
C is the answer




Hope this helps
5 0
3 years ago
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What is the cash flow equation?
aksik [14]
Cash flow=net income+non-cash expenses-increase in working capital.
4 0
3 years ago
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The checkbook balance of Lester Co. was $922.55. The bank statement revealed a balance of $3,881.14. The bank statement showed i
storchak [24]

Answer:

The reconciled balance is 7,294.14

Explanation:

bank statement      3,881.14

deposit in transit   9,555.88

oustanding check<u> (6,142.88)  </u>

bank statment        7.294,14

From the bank accout we deduct the outstanding check and increase by the deposit in transit.

accounting        922.55

interst                   77

service charge    (38.22)

note collected  6,815.00

check              <u>   (482. 19)  </u>

accounting      7.294,14‬

From the accounting we adjust for the transaciton which aren't know by the company:

the interest and service charge, the note colected and we also adjsut for mistake like the check not deducted.

in both we must reach the same final answer.

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Maybe talk about how you're life has been, or what you struggle with and wish to move on from it. Be creative ideas are endless! Or base it on a topic about your life. For example, if you've ever gotten bullied talk about how you felt through that time.

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