Question 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?

 [removed] 8.87 percent [removed] 6.19 percent [removed] 11.29 percent [removed] 10.27 percent [removed] 9.37 percent

1 points

Question 2

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

 [removed] 0.40 [removed] 0.375 [removed] 0.60 [removed] 1 [removed] o.4444

1 points

Question 3

XYZ earned a net profit margin of 7.6% last year and had an equity multiplier of 3.4. If its total assets are \$94 million and its sales are 179 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 4

ABC earned a net profit margin of 7.8% last year and had an equity multiplier of 3.9. If its total assets are \$116 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.

1 points

Question 5

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?

 [removed] 4 times [removed] 400 times [removed] 2 times [removed] 8 times [removed] 0.25 times

1 points

Question 6

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

 [removed] 1.25 [removed] 0.25 [removed] 1.2 [removed] 0.2 [removed] 0.8 [removed] 1.5

1 points

Question 7

Blackstone, Inc., has net income of \$8,910, a tax rate of 39%, and interest expense of \$739. What is the times interest earned ratio?

1 points

Question 8

XYZ has total sales of \$209, assets of \$93, return on equity of 30%, 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.

1 points

Question 9

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.

 [removed] 1.69 [removed] 0.54 [removed] 0.74 [removed] 1.35

1 points

Question 10

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

 [removed] 0.6 [removed] 0.67 [removed] 0.63 [removed] 1.6 [removed] 1.67

1 points

Question 11

ABC, Inc., has a market-to-book ratio of 2, net income of \$85,033, a book value per share of \$16.4, and 48,513 shares of stock outstanding. What is the price-earnings ratio?

1 points

Question 12

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)?

 [removed] 19.34% [removed] 2.275% [removed] 1.75% [removed] 14.875%

1 points

Question 13

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?

 [removed] 20 [removed] 17.9 [removed] 18.5 [removed] 16 [removed] 19.8

1 points

Question 14

ABC's balance sheet indicates a book value of shareholders' equity of \$841,083. The firm's earning per share are \$2.4 and the price-earnings ratio is 11.52. If there are 43,907 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.

1 points

Question 15

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?

 [removed] 10.50 percent [removed] 7.50 percent [removed] 7.75 percent [removed] 11.11 percent [removed] 5.36 percent

1 points

Question 16

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

 [removed] 0.98 [removed] 2.56 [removed] 0.39 [removed] 0.72 [removed] 1.39

1 points

Question 17

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

 [removed] 1.61 [removed] 0.61 [removed] 1.64 [removed] 0.62

1 points

Question 18

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

 [removed] 0.8 [removed] 0.2 [removed] 1 [removed] 5 [removed] 1.8 [removed] 4

1 points

Question 19

ABC's balance sheet indicates a book value of shareholders' equity of \$836,775. The firm's earning per share are \$3.6 and the price-earnings ratio is 11.05. If there are 59,171 shares outstanding, what is the market-to-book ratio?

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

1 points

Question 20

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?

 [removed] \$91,406 [removed] \$112,500 [removed] \$121,500 [removed] \$137,500 [removed] \$146,250

1 points

Question 21

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.

 [removed] 0.68 [removed] 0.7 [removed] 1.38 [removed] 1.47 [removed] 2.08

1 points

Question 22

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

 [removed] 1.25 [removed] 0.25 [removed] 1.2 [removed] 0.2 [removed] 0.8 [removed] 1.5

1 points

Question 23

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?

 [removed] 6.87 percent [removed] 7.17 percent [removed] 7.34 percent [removed] 7.50 percent [removed] 7.67 percent

1 points

Question 24

ABC's balance sheet indicates a book value of shareholders' equity of \$710,884. The firm's earning per share are \$2.9 and the price-earnings ratio is 11.02. If there are 43,006 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

1 points

Question 25

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

 [removed] 0.50 [removed] 0.375 [removed] 0.60 [removed] 1 [removed] o.3333

1 points

Question 26

ABC has total sales of \$181, assets of \$93, return on equity of 36%, and net profit margin of 9%. 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 27

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

 [removed] 0.75 [removed] 0.25 [removed] 1 [removed] 5 [removed] 1.75 [removed] 3

1 points

Question 28

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

 [removed] My Grade Point Average [removed] Turnover Ratios [removed] Liquidity Ratios [removed] Profitability Ratios

1 points

Question 29

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?

 [removed] 2,000,000 [removed] 3,200,000 [removed] 3,400,000 [removed] 1,000,000

1 points

Question 30

XYZ earned a net profit margin of 4.5% last year and had an equity multiplier of 3.7. If its total assets are \$116 million and its sales are 152 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 31

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

• 