Finance

Have finance questions? Ask a financial expert online.

Ask an Expert,
Get an Answer ASAP!

Related Finance Questions
I do some small scale eCommerce, and I just figure out that
I do some small scale eCommerce, and I just figure out that I was calculating my profit margin wrongly in the excel spreadsheet. I was dividing my gross profit to my COGS, instead of gross sales which… read more
Chad Schoch
Chad Schoch
Bacehlors of Business Administration
20 satisfied customers
I am a and driven 26 year old breaking my way into project
I am a young and driven 26 year old breaking my way into project management. I have a question regarding profit margins and direct/indirect expenses and the best way to calculate them. Or better yet, … read more
keeperumiami
keeperumiami
Sr Financial & Tax Consultant
Bachelor's Degree
1 satisfied customers
We are home/office decorating company. We import furniture
Hi, My name is***** are home/office decorating company. We import furniture from China. There are a lot of inventories in our warehouse which are in new condition in unopened packages but no longer av… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
I am using software to put together pro formas.....I know how
I am using software to put together pro formas.....I know how to figure costs of goods sold but how do i list all my factory workers and their salaries and put that on [email protected] without double costing the l… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
Inventory (inv) budgets A budget has been provided for a business
Inventory (inv) budgets A budget has been provided for a business that needs to be reviewed given recent policy. Data given: -projected figures for Jul - Dec -initial inv balance for Jul 1st (80,000) … read more
Shawn P. Adamo
Shawn P. Adamo
CEO
Bachelor's Degree
18 satisfied customers
Small business bicycle shop in New Orleans: budgets need to
Small business bicycle shop in New Orleans: budgets need to be re-assessed. Information given: -projected figures for Jul – Dec -initial inventory balance for Jul 1st (80,000) -sales revenue for each … read more
Shawn P. Adamo
Shawn P. Adamo
CEO
Bachelor's Degree
18 satisfied customers
5) Customers that require a low price and lots of customized
5) Customers that require a low price and lots of customized service are: A) high cost to serve and low margin. B) low cost to serve and low margin. C) high cost to serve and high margin. D) low cost … read more
Manal Elkhoshkhany
Manal Elkhoshkhany
Tutor
1,933 satisfied customers
1. S&R Rentals rents and services different types of your improvement
1. S&R Rentals rents and services different types of your improvement equipment. Information about the company's financial performance for a recent fiscal period is provided below: Average shares outs… read more
Johnmark1900
Johnmark1900
Finance Manager
Chartered Accountant
24 satisfied customers
When an employee turns in an expense reports and there are
When an employee turns in an expense reports and there are items that are billable to the client, how do I categorize them in quickbooks? Are these expenses categorized as COGS or under an expense acc… read more
mark25551
mark25551
Audit & Accounts Manager
ACCA
197 satisfied customers
1. (TCO 3) You have invested $5,000 in the Cog Corporation
1. (TCO 3) You have invested $5,000 in the Cog Corporation and $5,000 in the Gear Corporation. Both of these corporations have $100 million in total assets. The Cog Corporation had a net profit of $10… read more
JKCPA
JKCPA
CPA
Bachelor's Degree
844 satisfied customers
Inventory management Walkins Manufacturing has annual sales
Inventory management Walkins Manufacturing has annual sales of $4 million and a gross profit margin of 40%. It's end of the quarter inventories are Quarter Inventory 1 $400,000 2 800,000 3 1,200,000 4… read more
Falak Naz
Falak Naz
Master's Degree
324 satisfied customers
1. Profit margins, turnover ratios and leverage vary from one
1. Profit margins, turnover ratios and leverage vary from one industry to another. What differences would you expect to find between a small software company land a grocery chain such as Carrefours?… read more
Milan Vaishnav
Milan Vaishnav
Consulting Technical Analyst
Bachelor's Degree
536 satisfied customers
I am trying to calculate the cash conversion cycle for Harley-Davidson
I am trying to calculate the cash conversion cycle for Harley-Davidson from the recent 10-k report. I am having trouble calculating APP -Average Payment Period = Acct Payable / Annual Purchases /365. … read more
Haider
Haider
Doing CAT
226 satisfied customers
Suppose you were comparing a discount merchandiser with a high-end
Suppose you were comparing a discount merchandiser with a high-end merchandiser. Suppose further that both companies had identical ROEs. If you applied the extended Du Pont equation to both firms, wou… read more
Milan Vaishnav
Milan Vaishnav
Consulting Technical Analyst
Bachelor's Degree
536 satisfied customers
Biondi Manufacturing Company (BMC) has an average accounts
Biondi Manufacturing Company (BMC) has an average accounts receivable balance of $1,300,000, an average inventory balance of $1,600,000, and an average accounts payable balance of $850,000. Its annual… read more
SK
SK
Master's Degree
62 satisfied customers
I need help writing my final for FIN 200. I have chosen the
I need help writing my final for FIN 200. I have chosen the Sprint Corporation but get so confused on ratios and where to find all the information. Can anyone help me write this thing?… read more
Mohammad Ali
Mohammad Ali
Accounts & Audit Officer
Master's Degree
278 satisfied customers
For business tutor- based on the 2007 and 2006 annual reports
For business tutor- based on the 2007 and 2006 annual reports from www.ggp.com:Compute the eight ratios listed below for two consecutive years. Discuss their significance for management and compare th… read more
Mohammad Ali
Mohammad Ali
Accounts & Audit Officer
Master's Degree
278 satisfied customers
3 companies - A, B, C Company A - net sales $20,450, net ...
3 companies - A, B, C Company A - net sales $20,450, net income (loss) $805, total assets $30,657, total stockholders' equity $5,611 Company B - net sales $8853, net income (loss) $474, total assets $… read more
Suzanne McKenzie
Suzanne McKenzie
Bachelor Degree
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Rakhi Vasavada

Rakhi Vasavada

Financial and Legal Consultant

2,609 satisfied customers

Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years

Megan C

Megan C

Certified Public Accountant (CPA)

16,609 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

Manal Elkhoshkhany

Manal Elkhoshkhany

Tutor

1,933 satisfied customers

More than 5000 online tutoring sessions.

JKCPA

JKCPA

CPA

844 satisfied customers

Bachelors degree and CPA with Accounting experience.

Eric

Eric

Financial Manager

559 satisfied customers

Loan servicing, counseling and real estate expert. Foreclosure Expert and Financial Planner.

R. Klein, EA

R. Klein, EA

Accountant

480 satisfied customers

TurboTax Expert. QuickBooks Certified Pro Advisor

Dimitry K., Esq.

Dimitry K., Esq.

Attorney

332 satisfied customers

NASD Licensed Rep, 1997-2001, Business Attorney

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x