subject
Business, 18.03.2021 05:20 paytonevans696

Mako Industries is considering changes in its working capital policies to improve its cash flow cycle. Mako's sales last year were $6 million (all on credit), and its net profit margin was 10%. Its inventory turnover was 7.0 times during the year, and its DSO was 42 days. Its annual cost of goods sold was $4.2 million. The firm had fixed assets totaling $700,000. Mako's payables deferral period is 42 days. Assume Mako holds negligible amounts of cash and marketable securities, calculate its total asset turnover.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 19:40
When a company produces and sells x thousand units per week, its total weekly profit is p thousand dollars, where upper p equals startfraction 800 x over 100 plus x squared endfraction . the production level at t weeks from the present is x equals 4 plus 2 t. find the marginal profit, startfraction dp over dx endfraction and the time rate of change of profit, startfraction dp over dt endfraction . how fast (with respect of time) are profits changing when tequals8?
Answers: 1
question
Business, 22.06.2019 22:30
Experts are particularly concerned about four strategic metal resources that are important for the u.s. economy and military strength, and that must be imported. what percentage does the u.s. import? *
Answers: 2
question
Business, 23.06.2019 01:00
Apopular low-cost airline, parson corp., has gone out of business. although the service and price provided by the airline was what customers wanted, the larger airlines were able to drive the low-cost airline out of business through an aggressive price war. which component of the competitive environment does this illustrate?
Answers: 3
question
Business, 23.06.2019 01:30
How is systematic decision making related to being financially responsible
Answers: 1
You know the right answer?
Mako Industries is considering changes in its working capital policies to improve its cash flow cycl...
Questions
question
Mathematics, 16.12.2021 23:10
question
Chemistry, 16.12.2021 23:10
question
Mathematics, 16.12.2021 23:10
question
Mathematics, 16.12.2021 23:10
Questions on the website: 13722362