Cullumber company has these comparative balance sheet data: cullumber company balance sheets december 31 2017 2016 cash $ 16,350 $ 32,700 accounts receivable (net) 76,300 65,400 inventory 65,400 54,500 plant assets (net) 218,000 196,200 $376,050 $348,800 accounts payable $ 54,500 $ 65,400 mortgage payable (15%) 109,000 109,000 common stock, $10 par 152,600 130,800 retained earnings 59,950 43,600 $376,050 $348,800 additional information for 2017: 1. net income was $34,000. 2. sales on account were $383,300. sales returns and allowances amounted to $26,600. 3. cost of goods sold was $200,600. 4. net cash provided by operating activities was $59,000. 5. capital expenditures were $26,400, and cash dividends were $16,500. compute the following ratios at december 31, 2017. (round current ratio and inventory turnover to 2 decimal places, e. g. 1.83 and all other answers to 1 decimal place, e. g. 1.8. use 365 days for calculation.) (a) current ratio. : 1 (b) accounts receivable turnover. times (c) average collection period. days (d) inventory turnover. times (e) days in inventory. days (f) free cash flow. $ click if you would like to show work for this question: open show work

What is the most direct result of free trade supplying productive resources to areas where they're most needed? a. enhanced efficiency b. lower interest rates c. increasing specialization d. greater competition 2b2t

Oakmont company has an opportunity to manufacture and sell a new product for a four-year period. the company’s discount rate is 18%. after careful study, oakmont estimated the following costs and revenues for the new product: cost of equipment needed $ 230,000 working capital needed $ 84,000 overhaul of the equipment in year two $ 9,000 salvage value of the equipment in four years $ 12,000 annual revenues and costs: sales revenues $ 400,000 variable expenses $ 195,000 fixed out-of-pocket operating costs $ 85,000 when the project concludes in four years the working capital will be released for investment elsewhere within the company. click here to view exhibit 12b-1 and exhibit 12b-2, to determine the appropriate discount factor(s) using tables.

Suppose that xtel currently is selling at $40 per share. you buy 500 shares using $15,000 of your own money, borrowing the remainder of the purchase price from your broker. the rate on the margin loan is 8%. a. what is the percentage increase in the net worth of your brokerage account if the price of xtel immediately changes to (a) $44; (b) $40; (c) $36? (leave no cells blank - be certain to enter "0" wherever required. negative values should be indicated by a minus sign. round your answers to 2 decimal places.) b. if the maintenance margin is 25%, how low can xtel’s price fall before you get a margin call? (round your answer to 2 decimal places.) c. how would your answer to requirement 2 would change if you had financed the initial purchase with only $10,000 of your own money? (round your answer to 2 decimal places.) d. what is the rate of return on your margined position (assuming again that you invest $15,000 of your own money) if xtel is selling after one year at (a) $44; (b) $40; (c) $36? (negative values should be indicated by a minus sign. round your answers to 2 decimal places.) e. continue to assume that a year has passed. how low can xtel’s price fall before you get a margin call? (round your answer to 2 decimal places.)