"use the following information to answer this question. bayside, inc. 2017 income statement ($ in thousands) net sales $ 5,870 cost of goods sold 4,270 depreciation 335 earnings before interest and taxes $ 1,265 interest paid 31 taxable income $ 1,234 taxes 432 net income $ 802 bayside, inc. 2016 and 2017 balance sheets ($ in thousands) 2016 2017 2016 2017 cash $ 85 $ 190 accounts payable $ 1,455 $ 1,420 accounts rec. 960 800 long-term debt 760 560 inventory 1,565 2,010 common stock 3,185 3,230 total $ 2,610 $ 3,000 retained earnings 830 1,080 net fixed assets 3,620 3,290 total assets $ 6,230 $ 6,290 total liab. & equity"
how many dollars of sales are being generated from every dollar of fixed assets? (use 2010 values)
$1.72
$0.94
$0.95
$1.64
$1.80

Exercise 8-6 goods in transit [lo8-2] the kwok company's inventory balance on december 31, 2016, was $190,000 (based on a 12/31/16 physical count) before considering the following transactions: 1. goods shipped to kwok f.o.b. destination on december 20, 2016, were received on january 4, 2017. the invoice cost was $35,000. 2. goods shipped to kwok f.o.b. shipping point on december 28, 2016, were received on january 5, 2017. the invoice cost was $22,000. 3. goods shipped from kwok to a customer f.o.b. destination on december 27, 2016, were received by the customer on january 3, 2017. the sales price was $45,000 and the merchandise cost $27,000. 4. goods shipped from kwok to a customer f.o.b. destination on december 26, 2016, were received by the customer on december 30, 2016. the sales price was $25,000 and the merchandise cost $18,000. 5. goods shipped from kwok to a customer f.o.b. shipping point on december 28, 2016, were received by the customer on january 4, 2017. the sales price was $30,000 and the merchandise cost $17,000. required: determine the correct inventory amount to be reported in kwok's 2016 balance sheet.

Take it all away has a cost of equity of 11.11 percent, a pretax cost of debt of 5.36 percent, and a tax rate of 40 percent. the company's capital structure consists of 67 percent debt on a book value basis, but debt is 33 percent of the company's value on a market value basis. what is the company's wacc

All of the following led to the collapse of the soviet economy except a. a lack of worker incentives. c. inadequate supply of consumer goods. b. a reliance on production quotas. d. the introduction of a market economy.