QUESTION

1. The ability of the firm to pay off short-term obligations as they come due is indicated by:

QUESTION 2

ABC earned a net profit margin of 5.5% last year and had an equity multiplier of 2.6. If its total assets are $81 million and its sales are 180 million, what is the firm’s return on equity?

Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box.

QUESTION 3

A firm has sales of $350,000, a profit margin of 6 percent, a total asset turnover rate of 1.25, and an equity multiplier of 1.4. What is the return on equity?

QUESTION 4

ABC Corporation has the following ratios: Total Asset Turnover= 1.6 Total debt to total assets= 0.5 Current Ratio= 1.7 Current Liabilities= $2,000,000 Sales = $16,000,000 What is the amount of current assets?

QUESTION 5

The Baker s Dozen has current liabilities of $5,600, net working capital of $2,100, inventory of $3,900, and sales of $13,500. What is the quick ratio? Assume pre-paid expenses are zero.

QUESTION 6

If the debt ratio is 0.60, the Debt/Equity Ratio is:

QUESTION 7

Toast and Butter, Inc., has total assets of $712,000 and an equity multiplier of 1.6. What is the debt-equity ratio?

QUESTION 8

XYZ has total sales of $210, assets of $82, return on equity of 26%, and net profit margin of 5%. What is the amount of equity?

Enter you answer rounded off to two decimal points. Do not enter $ in the answer box.

QUESTION 9

Top Sound, Inc., has total assets of $212,000, a debt-equity ratio of .6, and net income of $9,500. What is the return on equity?

QUESTION 10

If the debt ratio is 0.75, the Debt/Equity Ratio is:

QUESTION 11

If the Debt/Equity Ratio is 0.60. What is the Debt Ratio?

QUESTION 12

If the debt ratio is 0.20, the Equity Multiplier is:

QUESTION 13

ABC’s balance sheet indicates a book value of shareholders’ equity of $879,832. The firm’s earning per share are $3.5 and the price-earnings ratio is 12.12. If there are 58,347 shares outstanding, what is the book value per share?

Enter your answer rounded off to two decimal points. Do not enter $ in the answer box.

Hint: Market value per share is same as market price per share

QUESTION 14

ABC’s balance sheet indicates a book value of shareholders’ equity of $713,385. The firm’s earning per share are $2.5 and the price-earnings ratio is 9.6. If there are 47,987 shares outstanding, what is the market-to-book ratio?

Enter your answer rounded off to two decimal points.

Hint: Market value per share is same as market price per share

QUESTION 15

A firm has total assets of $682,000 and total equity of $424,000. What is the debt-equity ratio?

QUESTION 16

Wexford Hotels has sales of $289,600, depreciation of $21,400, interest of $1,300, Operating Income of $23,269.70, and a tax rate of 34 percent. What is the times interest earned ratio?

QUESTION 17

ABC’s balance sheet indicates a book value of shareholders’ equity of $866,173. The firm’s earning per share are $2.6 and the price-earnings ratio is 12.98. If there are 56,487 shares outstanding, what is the market value per share?

Enter your answer rounded off to two decimal points. Do not enter $ in the answer box.

Hint: Market value per share is same as market price per share.

QUESTION 18

If the Debt/Equity Ratio is 0.80. What is the Debt Ratio?

QUESTION 19

ABC, Inc., has a market-to-book ratio of 2, net income of $82,313, a book value per share of $19.5, and 46,103 shares of stock outstanding. What is the price-earnings ratio?

Enter your answer rounded off to two decimal points.

Enter your answer rounded off to two decimal points.

1 points   

QUESTION 20

If the debt ratio is 0.80, the Equity Multiplier is:

1 points   

QUESTION 21

If the Debt/Equity Ratio is 0.50. What is the Debt Ratio?

1 points   

QUESTION 22

XYZ earned a net profit margin of 4.2% last year and had an equity multiplier of 2.5. If its total assets are $108 million and its sales are 183 million, what is the firm’s debt ratio?

Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box.

1 points   

QUESTION 23

XYZ earned a net profit margin of 4.6% last year and had an equity multiplier of 3.8. If its total assets are $97 million and its sales are 194 million, what is the firm’s return on assets?

Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box.

1 points   

QUESTION 24

If Roten, Inc., has a equity multiplier of 1.75, total asset turnover of 1.30, and profit margin of 8.5 percent, what is the return on equity (ROE)?

1 points   

QUESTION 25

1. ABC’s Balance Sheet lists Current Assets of $300, Current Liabilities of $200, Fixed Assets of $700, Long-Term Debt of $400. ABC has 200 shares outstanding. What is the market-to-book ratio (MTB) if the market price per share is $8?

1 points   

QUESTION 26

1. A firm has total equity of $70,312.50, a profit margin of 8 percent, an equity multiplier of 1.6, and a total asset turnover of 1.3. What is the amount of the firm s sales?

1 points   

QUESTION 27

1. A firm has net working capital of $1,100 and current liabilities of $2,800. What is the current ratio?

1 points   

QUESTION 28

ABC has total sales of $214, assets of $114, return on equity of 32%, and net profit margin of 8%. What is the debt ratio?

Enter you answer in percentages rounded off to two decimal points. Do not enter % in the answer box.

1 points   

QUESTION 29

1. The Jamestown Group has equity of $421,000, sales of $792,000, and a profit margin of 6 percent. What is the return on equity?

QUESTION 30

1. Blackstone, Inc., has net income of $9,433, a tax rate of 31%, and interest expense of $715. What is the times interest earned ratio?

Enter your answer rounded off to two decimal points.

QUESTION 31

1. Smith Corporation has current assets of $11,400, inventories of $4,000, and a current ratio of 2.6. What is Smith s acid test ratio? Assume pre-paid expenses is zero.