Expert answer:finance, economic, literature

Expert answer:LITR210 B002 Win 18
your initial post should be at least 250 words in text citation and references. Does Chaucer’s “The Miller’s Tale” use humor? What kind of humor is it? Be specific, and explain whether you found the humor effective or not.FINC300your initial post should be at least 250 words in text citation and references. What is the major problem that arises when benchmarking against competitors? How can this problem be overcome? What does it mean to benchmark by industry? Why is this needed when conducting a financial ratio analysisECON303ur initial post should be at least 250 words in text citation and references.The world’s trading nations have become increasingly interdependent, both from an economic and political viewpoint.What do you think of the argument that the United States needs to restrict textile imports in order to save American jobs?FINC300Assignment Instructions Complete the following homework questions in Word or Excel, as applicable. Clearly label your response and organize your work. Save your file as “LastnameFirstinitial-FINC300-2.” 1. (Common-size financial statements) The Solisto Construction Company expects to have total sales next year totaling $15,000,000. In addition, the firm pays taxes at 35 percent and will owe $300,000 in interest expense. Based on last year’s operations, the firm’s management predicts that its cost of goods sold will be 60 percent of sales and operating expenses will total 30 percent. What is your estimate of the firm’s net income (after taxes) for the coming year? 2. (Financial ratios) The balance sheet and income statement for the R& H Mfg. Company are as follows: R& H Mfg., Inc. Balance Sheet ($000) Cash $500 Accounts receivable 2,000 Inventories 1,000 Current assets 3,500 Net fixed assets 4,500 Total assets $8,000 Accounts payable $1,100 Accrued expenses 600 Short-term notes payable 300 Current liabilities $2,000 Long-term debt 2,000 Owners’ equity 4,000 Total liabilities and owners’ equity $8,000 R& H Mfg., Inc. Income Statement ($000) Net sales (all credit) $8,000 Cost of goods sold -3,300 Gross profit $4,700 Operating expenses (includes $500 depreciation) -3,000 Net operating income $1,700 Interest expense -367 Earnings before taxes $1,333 Income taxes (40%) -533 Net income $ 800 Calculate the following ratios: Current ratio Times interest earned Inventory turnover Total asset turnover Operating profit margin Operating return on assets Debt ratio Average collection period Fixed asset turnover Return on equity vECON303: International Economics Assignment Instructions Carbaugh, Chapter 2, Study Questions # 14, p. 66. Complete this problem in a Microsoft Word document and submit it to the Assignments section of the classroom

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