gnment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false our... F Startup Opportuniti. V How brands are co... A Assignment Practic.. A COVID-19 Student... C20-128PR01-2016... O Final Exam Review -. During the current year, Sokowski Manufacturing earned income of $332,760 from total sales of $5,640,000 and average capital assets of $12,000,000. A. Based on this information, calculate asset turnover. If required, round your answer to two decimal places. times B. Assume sales margin is 5.9%, what is the total ROI for the company during the current year?. If required, round your answer to one decimal place.

gnment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false our... F Startup Opportuniti. V How brands are co... A Assignment Practic.. A COVID-19 Student... C20-128PR01-2016... O Final Exam Review -. During the current year, Sokowski Manufacturing earned income of $332,760 from total sales of $5,640,000 and average capital assets of $12,000,000. A. Based on this information, calculate asset turnover. If required, round your answer to two decimal places. times B. Assume sales margin is 5.9%, what is the total ROI for the company during the current year?. If required, round your answer to one decimal place.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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QUESTION TWOa) The Chisokone Company located in Chimwemwe manufactures typewriters called AK4 model Z. The company has an average total inventory of K15, 000,000 and places 12,000 orders every year. Order details are as follows:Purchase department expenses……………………………..K400, 000Stores warehouse personnel salary……………………......K400, 000Obsolescence, spoilage, etc…………………………………K120, 000Floor space charge related to stores activities…………….K260, 000Cost of collecting materials…………………………………..K60, 000Cost of receiving materials…………………………………...K70, 000Cost of Inspection……………………………………………..K100, 000Cost of material handling for warehousing activities………K300, 000Cost of bill payment……………………………………………K170, 000Interest…………………………………………………………..11.5%Insurance charges………………………………………………1.9%The company wants to buy a certain component, whose cost is K24 each and the annual requirement is 34,560 units. Calculate the following:i. The cost of placing an order.ii. The cost of carrying inventory as a percentage…
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Disregard the writing. Can you prepare the manufacturing account for the year 31 January 2014 showing the prime cost and cost of production.
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X Remaining Time: 1 hour, 40 minutes, 40 seconds. Question Completion Status: The following financial statement information for Peal Company as for the year 2021: Required: Fill the missing amounts. (Hint: There are 6 missing amounts). Note: Write only the final amount. Do not show your calculation. Peal Company Income Statement For the year ended 2021 Net Sales $12,000 -1- Cost of goods sold Gross profit 6,500 Operating expenses -2- Selling expenses General and administrative expense S Total operating expenses eme from 1.800 4,000 2.500 Peal Company Statement of Owner's equity For 2021 $3,000 Capital, Beginning balance Add: Investment 10,000 Net income 2,000 Less: Drawings -3- Capital, Ending balance 5,000 A
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Spring 2021 Final Exam(2) Saved to this PC - егences Mailings Review View Help AaBbCcD AaBbCcDc AaBbC AaBbCcC A aB 三。 I Normal T No Spac. Heading 1 Неading 2 Title Paragraph Styles 6-Dyson Manufacturing Company had the following financial statement results for last year. Net sales were $1.2 million with net income of $90,000. Total assets at year-end amounted to $900,000. a. Calculate Dyson's asset turnover ratio and its profit margin. b. What is Dyson's rate of return on assets. 7-Marriot Corporation has two bond issues outstanding, each with a par value of $1,000. Information about each is listed below. Suppose market interest rates rise 2 percentage point across the yield curve. What will be the change in price for each of the bonds? Does this tell us anything about the relationship between coupon rate and interest rate risk? Bond A: 10 years to maturity, 0 percent coupon, market interest rate is 10 percent. Bond B: 10 years to maturity, 10 percent coupon, market interest rate is 10…
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