1-Compute all industry ratios presented for East Coast Yachts and COMPARE and comment on each ratio as compared to the Industry Median. (60pts) Industry ratios presented for East Coast Yachts Current ratio = $11‚270‚000 / $15‚030‚000 Current ratio = 0.75 times Quick ratio = ($11‚270‚000 – 4‚720‚000) / $15‚030‚000 Quick ratio = 0.44 times Total asset turnover = $128‚700‚000 / $83‚550‚000 Total asset turnover = 1.54 times Inventory turnover = $90‚700‚000 / $4‚720‚000 Inventory turnover = 19.22
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1. Calculate all of the ratios listed in the industry table for East Coast Yachts Current ratio=CA/CL= 14‚651‚000/19‚539‚000=0.75 Quick Ratio=(CA-Inventory)/CL=(14651000-6136000)/19539000=0.44 Total assert turnover=Sales / Total Assets=167310000/108615000=1.54 Inventory turnover=Cost of Goods Sold / Inventory=117910000/6136000=19.22 Receivable turnover=Sales / Accounts Receivable=167310000/5473000=30.57 Debt ratio(TA-TE)/TA=(108615000-55341000)/108615000=0.49 Debt-equity ratio=TD/TE=33735000/55341000=0
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document entitled “Bartolomé de las Casas‚ from Brief Account of the Devastation of the Indies.” Bartolomé de las Casas‚ who spent most of his time in the New World protecting the native people that lived there‚ authored the document in 1542. The main reason for the writing of the document was to portray the devastation of the crimes made by Spaniards against the Indians who inhabited the islands of the Indies. The author wrote this document as an objective account of how the Spaniards‚ upon their
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because of the copious amounts of lumber‚ cotton‚ and coal. Bartelomé de Las Casas‚ a Dominican friar‚ went to the new world as a bishop where he witnessed the poor treatment of the Native people. This lead him to publish the Apologetic History of the Indies where he argued against the corruption of the Native Americans innocence and of their lands by the Spanish colonists. Casas’ main arguments for why Native Americans
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ASSIGNMENT FOR MANAGERIAL ACCOUNTING AND FINANCE RATIOS AND FINANCIAL PLANNING AT EAST COAST YACTHS 1. Calculated all of the ratios listed in the industry table for East Coast Yachts. Current Ratio = Current Asset / Current Liabilities = $14‚651‚000.00 / $ 19‚539‚000 = 0.749 @ 0.75 ( Lower Quartile) Quick Ratio = (Current Asset – Inventory) / Current Liability = ($14‚651‚000 - $6‚136‚000) / $19‚539‚000 = $8‚515‚000 / $19‚539‚000
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The West Amanda Miranda America was beginning to boom! With the war over and immigrants coming to the land of “freedom” from all over the world‚ people began to adventure to the West. There was a new‚ unsettled land presenting opportunities beyond what anyone could imagine. The west offered natural resources such as gold‚ oil‚ and lumber‚ also it gave hope to freedom and landownership all the while guarding it with dangerous obstacle such as natives‚ disease‚ and drought. The forge west brought
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The question that is being asked here is what is the West? The west can be defined as many different things‚ but According to Levack‚ B.‚ Muir‚ E.‚ & Veldman‚ M. (2011) the west is a “place” (p. 2). The west is thought of to be traditionally compromised of certain regions like Europe‚ the Americas‚ Australia‚ and New Zealand. There are in fact many ideas that are evolving around western civilization such as form of governments‚ methods of scientific inquiry‚ religions‚ and languages just to name
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Crusades and the Reconquest of Spain‚ the leaders of Spain needed a way to bring the country back together as a strong nation. 3.Spain looked west to find the Indies because in the fifteenth century‚ there was a theory that the world was flat. Spain sought out a westward passage to the Indies to potentially save time and money because the route to the Indies was extremely long. Portugal alsop controlled the African coast at the time of their voyage.
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Wessay The United Staes were trying to push people to settle in the west brought a lot of trouble. Since‚ Settlers and Native Americans thought very differently there were many conflicts between them. They both thought in different ways about the land usage‚ settlement‚ and ownership. Native Americans thought different about land usage than the Settlers did. The Native Americans thought that land should not be purchased or sold to anyone. They looked at land as a gift of the Great
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Bartolome de Las Casa - A Brief Account of the Destruction of the Indies Preparer’s notes: 1) Though the original title does not appear in this version‚ this is (apart from the preface) a translation of: "Brevisima relacion de la destruccíon de las Indias"‚ by Bartolome de las Casas‚ originally published in Seville in 1552. 2) The original archaic spelling and punctuation has been retained] POPERY Truly Display’d in its Bloody Colours: Or‚ a faithful NARRATIVE OF THE Horrid and Unexampled
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