Related Essays

  • Steve Madden Financial Analysis

    Fixed asset turnover increased a total of 2.1 from last year alone. Receivable turnover has also stayed at a steady average of 7. Steven Madden Ltd.’s asset ...

  • Westlake Lanes Case Analysis

    v. As the company’s expense on equipment maintenance keeps rising, and the poor management through 2006, the Asset Turnover ratio has been dramatically dec...

  • Aviation Partners Case Study

    Product related inventories are maintained using a first-in, first-out (FIFO) basis. The cost of spare parts and small components such as screws, nuts, bolts...

  • Yellow Leaf Fashion Case Report

    The asset turnover ratio is computed by dividing net sales by the average total assets. Yellow Leaf Fashion Inc. determines their asset turnover by taking th...

  • Current Operating Performance Concept Of Income

    The financial capital maintenance concept supposes that a company has income only if the net assets at the end of a period exceeds the amount of net assets a...

  • Amazon Financial Ratios

    For a retailer, inventory is a critical role, because unsold inventory often must be cleared as discount. It is important to move inventory through the comp...

  • Four Types Of Business Formation

    • Collection from debtor also known as Accounts receivable: money which going to receive from customer • Inventory: stock available for sale • Expenses: Int...

  • Dollar Surge

    The purchase of assets is recognized under this category. Changes in its shareholders equity, increase in debt, dividend and interest pay-outs are recognized...

  • East Coast Yachts Case Study

    Receivables turnover 32.74 Positive. Their accounting and collection of debts from customers is industry leading and they are extremely above the competiti...

  • Shuffle
    Toggle On
    Toggle Off
  • Alphabetize
    Toggle On
    Toggle Off
  • Front First
    Toggle On
    Toggle Off
  • Both Sides
    Toggle On
    Toggle Off
  • Read
    Toggle On
    Toggle Off
Reading...
Front

Card Range To Study

through

image

Play button

image

Play button

image

Progress

1/3

Click to flip

Use LEFT and RIGHT arrow keys to navigate between flashcards;

Use UP and DOWN arrow keys to flip the card;

H to show hint;

A reads text to speech;

3 Cards in this Set

  • Front
  • Back
Fixed asset turnover=
Net sales revenue/average net fixed assets
Acquisition for Noncash consideration
record at the current market value of the consideration given, or the current market value of the asset acquired. Whichever is more clearly evident
Two tips of repairs and maintenance
ordinary- just fixes something and Additons and improvements which overhauls and extends life or increases efficiency