Answers
907 3 Ann Taylor Coach Inc Sales 2212 4763 Cost of goods sold 1004 1297 Average Account recivable 19 159 Average Inventory 204 463 Average Total Assets 2870 Credit Sales/Avg account Credit Sales/Avg account Account recivable turnover ratio= receivable receivable 116 Account recivable turnover in days Cost of Goods sold/Average Cost of Goods sold/Average inventory turnover Inventory Inventory 3 inventory turnover in days 130 Asset turnover ratios Net Sales/Avg Total Assets Net Sales/Avg Total Assets 2.44 1.66 Comment Customer of Ann Taylor take on an average 3 days to pay their receivables in comparision of 12 days of Coach Inc Hence Ann Taylor is in better position to convert account receivable to cash 2 Inventory holding period of Coach Inc is 130 days that is more than 74 days of Ann Taylor. Ann Taylor is better position to convert stock to cash in comparision of Coach Inc. 3 Asset turnover ratio of Ann Taylor is 2.44 that is better than 1.66 of Coaching. Higher turnover ratio means that the company is using its assets more efficiently. 74
.
Similar Solved Questions
1 answer
Use the following information for questions 4 and 5. On January 1, 2015, Fredrichs Inc, purchased...
Use the following information for questions 4 and 5. On January 1, 2015, Fredrichs Inc, purchased equipment with a cost of $3,060,000, a useful life! of 10 years and residual value of $60,000, The company uses straight-line depreciation. At December 31, 2016, the company determines that impairment i...
1 answer
PROFILE OF CONGRESS IN YEAR X 5 House of Representatives Representatives Profession Democratic Republican 8 5...
PROFILE OF CONGRESS IN YEAR X 5 House of Representatives Representatives Profession Democratic Republican 8 5 Bus. Exec. Educator Farmer/rancher6 Career Gov't Journalist or Comm. Exec. Physician Veterinarian Geologist Worker/skilled Tradesperson 14 Youngest 2 Ethnic Group Black American1 Asian A...
1 answer
Can anyone tell me what the highlighter part means? what test? Non-Fermentative Gram-Negative Bacteria Genera Pseudomonas...
can anyone tell me what the highlighter part means? what test? Non-Fermentative Gram-Negative Bacteria Genera Pseudomonas I M + + Urea Pathogenicity Lact Skin/Respiratory - Vic Motility H2S + + + Sucrose ge...
1 answer
A site investigation is: Select one: a. Never unnecessary O b. Unnecessary if there are enough...
A site investigation is: Select one: a. Never unnecessary O b. Unnecessary if there are enough pictures to make judgements c. Unnecessary if topographical maps are available...
1 answer
What are all the possible rational zeros for #f(x)=3x^3+5x^2-11x+3# and how do you find all zeros?
What are all the possible rational zeros for #f(x)=3x^3+5x^2-11x+3# and how do you find all zeros?...
1 answer
And d. what is the journal entry to write off the under/over allocated OH to COGS?...
and d. what is the journal entry to write off the under/over allocated OH to COGS? SHOW UR WORK AND CIRCLE THE ANSWERS THANK YOU Pumpkin Plastic Products Company manufactures pipes and applies manufacturing costs to production at a budgeted indirect-cost rate of $9 per direct labor-hour. The followi...
1 answer
You wish to test Ho:u = 61.5 versus Haid < 61.5 at a significance level of...
You wish to test Ho:u = 61.5 versus Haid < 61.5 at a significance level of 0.10. You obtain a sample of size 17 with a mean of 59.4 and a standard deviation of 17.2. You believe that the population is normally distributed. ROUND YOUR ANSWERS TO THREE DECIMAL PLACES. (a). What is the test statisti...
1 answer
What is the average, Community Hospital has signed an agreement to be the lead hospital in...
what is the average, Community Hospital has signed an agreement to be the lead hospital in a purchasing consortium. Eight hospitals in the area teamed together to gain power by buying as a group. The Purchasing Department has asked Nursing to provide an estimate of the total number of newborn discha...
1 answer
How do you solve #2x + 5y = 2# and #-3x - y = -3# using substitution?
How do you solve #2x + 5y = 2# and #-3x - y = -3# using substitution?...
1 answer
Microbiology - please answer both. thanks 4. On what is the current understanding of bacterial relatedness...
microbiology - please answer both. thanks 4. On what is the current understanding of bacterial relatedness based? 5. How would you go about identifying an unknown microorganism isolated from a patient in a healthcare setting?...
1 answer
"Endocarditis" Stop For the past 10 days, Jackie felt exhausted and lacked her usual stamina. Several...
"Endocarditis" Stop For the past 10 days, Jackie felt exhausted and lacked her usual stamina. Several times she ran a fever, which abated when she took acetaminophen. Just walking up the stairs left her short of breath. Since the symptoms seemed to be worsening, she visited her doctor. The d...
1 answer
Name C Arell Non-Prost Examples Example 1 Usine the properties of real wasbers below, prew that...
Name C Arell Non-Prost Examples Example 1 Usine the properties of real wasbers below, prew that at any real mumbers o, b, e ey s 1. a+b-b+a. 2. (a + b) +e-a+(6+ e). 3. ab ba 4. (ab)e= a(be). 5. If a +-a= 0, then - a is the additive inverse of a. 1, then b is the multiplicative inverse of a. 6. If a(...
1 answer
Make-or-Buy Decision for a Service Company The Theater Arts Guild of Dallas (TAG-D) employs five people...
Make-or-Buy Decision for a Service Company The Theater Arts Guild of Dallas (TAG-D) employs five people in its Publication Department. These people lay out pages for pamphlets, brochures, magazines, and other publications for the TAG-D productions. The pages are delivered to an outside company for p...
1 answer
Font Paragraplh The following schedule reflects the first month's transactions of the Dyer Company Cash AcctRecen_?Supplies...
Font Paragraplh The following schedule reflects the first month's transactions of the Dyer Company Cash AcctRecen_?Supplies Equip Accts Payable Com Stock Ret Earnings A +10,000 +10,000 ?. -5,000 +5,000 +200 +200 +3,000 +3,000 E. +1,000+1,500 +2,500 F 200 200 G. 2,000 2,000 H. +1,500 1,500 Provid...
1 answer
Interpret these orders 27. Humulin-R insulin 10 mL vial Sig: U-30 qam 30 min SC ac...
interpret these orders 27. Humulin-R insulin 10 mL vial Sig: U-30 qam 30 min SC ac breakfast and U-20 30 min SC ac evening meal 28. ASA gr v #60, Sig: tab ii q4h prn H/A or fever, not to exceed 12 tab in 24 hrs – 29. meperidine 50 mg tabs #15, Sig: tab i q4-6h prn pain Luigian Check a drug ref...
1 answer
Question 48 Which of the following would be the best starting point on which to focus...
Question 48 Which of the following would be the best starting point on which to focus if an air conditioner manufacturer wants to look at its total costs of production in the short run? A) Divide total costs into two categories: variable costs that can't be changed in the short run and fixed cos...