Free

# ABC Fitness - Essay Example

Summary
In the case of ABC Fitness, three significant ratios are computed to measure its relative efficiency. The appendix shows the average collection period, inventory turnover, and…

## Extract of sample "ABC Fitness"

ABC Fitness Activity ratios indicate how well a company manages to turn its resources into cash, revenue or profit. In the case of ABC Fitness, three significant ratios are computed to measure its relative efficiency. The appendix shows the average collection period, inventory turnover, and total assets turnover of the business organization. ABC Fitness has an average collection period of 10 days. Its inventory turnover is 10.23 while assets produced 1.79 times revenue. Please, refer to the appendix for the computation.

Appendix
Average Collection Period = Current Accounts Receivables/Average Daily Sales, where
Average Daily Sales = Annual Sales/360 days = \$2, 004, 016 / 360 days = \$5, 560/days
Average Collection Period =\$55, 514 / \$5,560/days
=9.98 or 10 days
Inventory Turnover = Cost of Goods Sold / Average Inventory = \$1, 446, 733 / \$141, 350 = 10.23
Total Asset Turnover = Sales / Total Assets = \$2, 004, 016 / \$1, 117, 960 = 1.79 Read More
Cite this document
• APA
• MLA
• CHICAGO
(“ABC Fitness Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
(ABC Fitness Essay Example | Topics and Well Written Essays - 500 Words)
https://studentshare.org/sports-and-recreation/1537449-abc-fitness.
“ABC Fitness Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/sports-and-recreation/1537449-abc-fitness.
Click to create a comment or rate a document

## CHECK THESE SAMPLES OF ABC Fitness

### ABC Company

...? ABC Company Cedar roofing and siding shingles are recognized all over the world for their attractive nature and beauty they add to homes. It is for this reason that they are on high demand from new homeowners and construction companies. There are a number of companies in the US that deal with Cedar roofing and siding shingles. Therefore ABC Company is operating in a very competitive market. However, the demand for these products is still high owing to the high rate of upcoming real estate ventures. Besides facing competition from other companies that deal with cedar in making roofing and siding shingles, ABC also faces competition from products made of iron and clay, which are operating...
6 Pages(1500 words)Research Paper

### ABC hospital

...ABC Hospital (Recruitment paper) Literature review Literature review The US healthcare industry is in an accelerated pace in terms of growth, but the industry, unfortunately, is facing an acute shortage of nurses. The major reason for the shortage is the lack of suitable persons who are prepared to the actual commitment the job demands apart from the competitive nature of the career requirements. The demand for registered and experienced nurses keeps escalating and the healthcare industry is not able to cope up with the situation by finding suitable candidates due to a dry spell that they experience due to a variety of reasons. The gap between course completion and job placement is far too less than the job responsibility...
4 Pages(1000 words)Essay

### ABC Company

...Introduction In the early stages of the formation of a company the owners or managerial staffs are responsible for recruiting the personnel needed to run an operation. Hiring new employees is not as simple as people think this process is. There are a lot of planning involved and one the employees are selected there is follow-up process to incorporate the new hires into the organizational culture. During the process the managers have to create a training plan to ensure the workers will become effective team players. A reasonable timeline to culminate this process is approximately six months. In the case study of ABC Company the firm which needed to hire 15 new employees to run his operation effectively. Carl Robbins was...
5 Pages(1250 words)Case Study

### ABC COMPANY

...ABC COMPANY Company ABC is part of a large multi-national American organization they assemble transmissions for the North American Truck market. Due to a re-organization the company are moving to a piece part operation i.e. the manufacture of Gears and Shafts only, the transmission will be assembled at another European sister plant. The company previously manufactured gears and shafts for the transmissions they produced. They will now manufacture not only the gears and shafts that they have always produced but the re-organization will involve the introduction of a significant large number of parts not previously produced at the Manchester plant. The company will now move to a Cell Manufacturing Process Plant. A thorough analysis... was...
16 Pages(4000 words)Essay

### Fitness Plan

...Fitness Plan Fitness Plan The benefits of physical exercise and a wholesome diet have long been expounded on by doctors. In additionto the strengthening of the cardiovascular system, the “feel good” chemicals released, i.e. endorphins, improve our mood, all the while diminishing feelings of stress and anxiety. It is, however, difficult for most individuals to fit in exercise into their already busy schedules. The fitness plan give below requires only 30 minutes of exercise and an alteration of diet. Thus, it can be followed by even the busiest of people. Aerobic exercise is an activity which uses the muscles of the body in a continuous and rhythmic manner. Walking,...
2 Pages(500 words)Assignment

### ABC Development

...Feasibility Study Report: Cash Flow Schedule and Developer’s Budget Feasibility Study: Cash Flow Schedule and Developer’s Budget ABC Development Abstract This document provides the background to the outcome of the previous feasibility study conducted for ABC Development project of an imaginary housing development. The paper is mandated to give an overview and a discussion of the wrong feasibility study report conducted before. It indicates the limited nature of how research was conducted in terms of budgeting, planning, forecasting, and cash flow projection. The issues associated with the first have been outlined in addition to the right budget, cash flow projection and schedule of work. The reasons for the wrong estimates... . The...
8 Pages(2000 words)Assignment

### Fitness

...Fitness Introduction This paper is about the importance or the significance of fitness and healthy living. It also goes ahead to discuss how fitness and healthy living can affect the performance of students. The first section discusses the general background of the topic healthy living and fitness, its problems and issues associated with it, which is followed by a section on comments regarding the UAE in particular. General background Fitness and good health is associated with a number of positive outcomes in the lives of both students and other people. It has a great impact on the general performance of the students and other members of the society...
3 Pages(750 words)Essay

### ABC Application

... ABC Application Feasibility Analysis Smartphone Application development has drastically grown with a strong rate since 2007 when Apple introduced the Smartphone for the first time. Currently, Smartphone Application Development Industry generates more than 10 billion revenue annually and has an annual growth of 49.8 percent1. There are number of applications developed that tremendously contribute to our daily lives. However, the use of the fun application is also becoming a popular trend. Thus, fun mobile applications have a great demand in the global market. Thus, the launching a fun application can yield greater benefits. However, the level of competitiveness among the mobile software is dependent on the distinct features... of the...
12 Pages(3000 words)Essay

### Fitness

...Fitness Fitness Chad Evermore requires improving his golf game, despite the fact that he has regularly been exercising for the last eight years. He has done a lot of aerobics and just a little of resistance training. At his age, Mr. Chad is a healthy man and is highly motivated to start a training program. Before the exercise program can begin, an assessment has to be carried out. This assessment involves checking for physical fitness in terms of how much their muscles and cardiovascular organs can endure. These fitness tests are, however, preceded by discussions on medical or chronic conditions that Mr. Chad may be having. This initial formality is quite crucial for any...
2 Pages(500 words)Assignment

### Grupo ABC

...As a competitor of the ABC Company, there is a little sense of worry but one should not lose hope about theimpact of ABC. As an organization, try and learn what is best suited for your business to prosper. (Berger, 2001) Though ABC Company is prosperous companies try and make new business trends and notably digital markets that are more effective Nizan Guanaeas a creative and ambitious business administrator used different skills to make ABC successful. Nizan was creative and tried to expand by looking for opportunities outside the country and go global. (Pederson, 2007) Nizan also created ties with influential leaders who encouraged on innovation and solutions to worlds...
1 Pages(250 words)Essay