Blue Sky Company began the year with a balance in inventory of TK. 110,000 and ended the year with a balance of Tk. 102,000. The net sales for the year were Tk. 983,000 with a gross profit on sales of Tk. 295,000. What was the inventory turnover ratio ?

Created: 5 months ago | Updated: 5 months ago

2.78 times

9.27 times

6.49 times

2.89 times

Job Solution Janata Bank Ltd Janata Bank Ltd - Executive Officer - 26.06.2015 অর্থনীতি

326

Add Description

A company reports sales revenue of Tk. 200 million the current year and Tk. 180 million last year. Their total assets in the current year are Tk. 150 million and last year's total assets were Tk. 130 million . What is the current year's asset turnover ratio ?

Created: 5 months ago | Updated: 4 months ago

1.48

1.33

1.36

1.43

Job Solution Janata Bank Ltd Janata Bank Ltd - Executive Officer - 26.06.2015 অর্থনীতি

885

Add Description

Return on equity can be calculated by :

Created: 5 months ago | Updated: 4 months ago

multiplying net profit margin by asset turnover and financial leverage

dividing net profit margin by asset turnover and financial leverage

adding net profit margin to asset turnover and financial leverage

subtracting net profit margin from asset turnover and financial leverage

Job Solution Janata Bank Ltd Janata Bank Ltd - Executive Officer - 26.06.2015 অর্থনীতি

677

Add Description

Chaity Company's return on equity (ROE) was 11.4% in 200A and 13.1% in 200B. The increase in this ratio could be caused by which of the following ?

Created: 5 months ago | Updated: 4 months ago

An increase in the relative portion of stockholders equity to fund assets.

An increase in net profit margin.

A decrease in net profit margin.

A decrease in the asset turnover ratio.

Job Solution Janata Bank Ltd Janata Bank Ltd - Executive Officer - 26.06.2015 অর্থনীতি

678

Add Description

Asset turnover measures :

Created: 5 months ago | Updated: 4 months ago

the profit generated by efficient management of assets

how quickly we liquidate our inventory

the sales revenue generated by efficient management of assets

the ability to generate income for the stockholders

Job Solution Janata Bank Ltd Janata Bank Ltd - Executive Officer - 26.06.2015 অর্থনীতি

703

Add Description

Which of the typically following will cause an increase in return on equity (ROE) as long as expenses do not grow faster than revenue ?

Created: 5 months ago | Updated: 4 months ago

A decrease in average total assets

An increase in sales volume

An increase in net income

A decrease in expenses

Job Solution Janata Bank Ltd Janata Bank Ltd - Executive Officer - 26.06.2015 অর্থনীতি

720

Add Description

Related Questions

A company reports sales revenue of Tk. 200 million the current year and Tk. 180 million last year. Their total assets in the current year are Tk. 150 million and last year's total assets were Tk. 130 million . What is the current year's asset turnover ratio ?

Return on equity can be calculated by :

Chaity Company's return on equity (ROE) was 11.4% in 200A and 13.1% in 200B. The increase in this ratio could be caused by which of the following ?

Asset turnover measures :

Which of the typically following will cause an increase in return on equity (ROE) as long as expenses do not grow faster than revenue ?