WebACP=AR/Avg Daily CR Sales ACP=$500K/ ($10M/360) ACP=18 Days The company has the credit sales of $10,000,000, total assets of $2,100,000, fixed assets of $1,000,000, inventory of $600,000, and accounts receivable of $500,000. The company's average collection period is _________ -Debt to total assets -Fixed charge coverage -Times … WebGroup 1 Automotive asset turnover from 2010 to 2024. Asset turnover can be defined as the amount of sales or revenues generated per dollar of assets. The asset turnover …

What is the fixed asset turnover ratio? AccountingCoach

WebIndustry Average Ratios Current ratio 3 X Fixed assets turnover 6% Debt-to-capital ratio 15% Total assets turnover 3 x Times interest earned 4 x Profit margin 3.50% EBITDA … WebTranscribed image text: Accounts receivables Net fixed assets Total assets Data Collected (in dollars) s Inc. Brain Games Inc. $18,900 $27,300 385,000 560,000 665,000 875,000 Industry Average $26,950 1,517,250 1,642,200 Previous question Next question biltmore pain management north smithfield ri

Solved Asset management ratios are used to measure how - Chegg

WebActivity ratios: 1- Fixed asset turnover = sales / average fixed assets. This ratio means the value of sales produced by fixed assets compared to the value of… WebIf a firm's fixed assets turnover ratio is significantly higher than its industry average, this could indicate that it uses its fixed assets very efficiently or is operating at over capacity and should probably add fixed assets. T or F. T. WebQuick Ratio = (Current Assets - Inventory) / Current Liabilities 2.00 = ($73,000 - Inventory) / $25,550 $51,100 = $73,000 - Inventory Inventory = $21,900 Inventory turnover = Sales / Inventory Inventory turnover = $100,000 / $21,900 Invento … View the full answer Previous question Next question biltmore park cinema showtimes