Which of the following best describes a typical Family Restaurant? Its inventory
ID: 2725724 • Letter: W
Question
Which of the following best describes a typical Family Restaurant? Its inventory trun-over is less than 2. Its collection period is more than 30 days. The majority of its assets are fixed assets. The annual sales of Samson, Inc. are growing at twice as much as its sustainable growth rate. The company is not issuing new shares of equity. What must be true? The net profit margin is increasing. Samson, Inc. is paying too much dividends to its shareholders. Samson, Inc. debt to equity ratio is increasing. Samson, Inc. is financing its growth solely with its internal source of cash. A 30-year bond has a par value of dollar1,000, a coupon rate of 9 percentage with semiannual coupon payment, and a market interest rate of 12 percentage. What is the current price of the bond? dollar757.58 dollar 793.53 dollar 1000.00 dollar 1,412.94 Titan Inc.'s net income for the most recent year was dollar 7,850. The tax rate was 30 percentage. The firm paid dollar 2,000 in total interest expense. What was Titan's Times interest earned ratio for the year? 3.02 3.93 5.61 6.61 A firm has a return on equity of 20 percentage, sales of dollar 500, total assets of dollar 300, and a debt-tpo-equity ration of one. What is its profit margin? 4.0 percentage 6.0 percentage 8.0 percentage 10.0 percentage What is the effective annual rate of 12 percentage compounded monthly? 11.39 percentage 12.00 percentage 12.24 percentage 12.68 percentage During last last year, a firm's credit sales totaled dollar100,000 (these sales are spread out the evenly), and year-end accounts receivable of dollar 20,000. Their credit policy is too give customers are paying the bills just on time. The customers are paying sooner than requested. The customers are not paying on time. We do not know whether the customers are paying the bills on time.Explanation / Answer
A typical family restaurant shall have follwing features:
Its inventory turnover ratio shall be more than 1 due to quick movement of food items.
it collection period shall be very short (1-2 days average ), due to major cash sales.
The majority of its assets would be tangible assets like machines etc. , there would be negligible intangible assets.
The majority of its main assets are fixed assets.
Hence correct answer is :
d. The majority of its main assets are fixed assets.
A typical family restaurant shall have follwing features:
Its inventory turnover ratio shall be more than 1 due to quick movement of food items.
it collection period shall be very short (1-2 days average ), due to major cash sales.
The majority of its assets would be tangible assets like machines etc. , there would be negligible intangible assets.
The majority of its main assets are fixed assets.
Hence correct answer is :
d. The majority of its main assets are fixed assets.
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