Asset Efficiency Ratios Required: Round your answers to two decimal places. 1. U

Question

Asset Efficiency Ratios

Required:

Round your answers to two decimal places.

1. Using this information, calculate Rutherford's receivable turnover ratio.

2. Using this information, calculate Rutherford's asset turnover ratio and also convert the ratio into days (rounded to the nearest whole day).

days

Required:

If Tanaka's 2013 net income is $80,000, determine its return on equity (in percentage terms, rounded to two decimal places).
  %

Required:

Calculate St. James' earnings per share as it would be reported on the 2013 income statement. Round your answer to the nearest cent.
$

days

Explanation / Answer

1 1 Receivable turnover ratio Net Credit Sale/Average Account Recevable 277480/20730 13.39 2 Assets Turover ratio Net Sale / Average Assest 277480/126127 2.20 In days 365/Assest turnover days 365/2.2 166 Days 2 Return on equity Net Income/Equity 80000/(325000+260000) 13.7%

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects