A firm has sales of $1,140, net income of $218, net fixed assets of $528, and current assets of $284. The firm has $93 in inventory. What is the common-size balance sheet value of inventory

Answer:

The answer is 11.45%

Explanation:

Solution

Given that:

Firm sales = $1,140

The net income = $218

Net fixed assets = $528

The firm's inventory = $93

The next step is to find the common-size balance sheet value of inventory

Now,

The common size value of inventory would be value of inventory divided by total value of assets.

So,

Total assets=current assets+net fixed assets

=$528+$284 = $812

Therefore,

The common size value of inventory = inventory/Total assets

$93/$812

=11.45%

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FOR BUS LAW I
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A.
Medallions' lost profit on the deal.
B.
The difference between the contract price and the market price.
C.
Either A or B.
D.
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Required:
Is this a valid example of misappropriation. Why or why not.

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Required informationUse the following information for the Exercises below.[The following information applies to the questions displayed below.]
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Accounts receivable 275 300
Inventories 375 250
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Accruals 75 50
Notes payable 150 75
Total current liabilities $375 $210
Long-term debt 450 290
Common stock 1,225 1,225
Retained earnings 1,000 400
Total liabilities and equity $3,050 $2,125
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2013 2012
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Depreciation and amortization 100 75
EBIT $1,250 $325
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WACC 10.00%
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$

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Repairs, third year $ 6,700
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What is new and innovating about this design/chopping board?

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