You are on page 1of 3

The Supply Co. has total equity of $639,400 and net income of $51,700.

The debt-equity ratio is .55 and
the total asset turnover is 1.4. What is the profit margin?
A. 3.73 percent

B. 4.86 percent

C. 6.68 percent

D. 7.24 percent

E. 8.99 percent

Morgan's Industrial Park has total assets of $541,700, long-term debt of $201,400, total equity of
$306,800, fixed assets of $469,200, and sales of $600,500. The profit margin is 7 percent. What is the
current ratio?
A. .46

B. .91

C. 1.01

D. 1.59

E. 2.16

Your firm has cash of $1,600, accounts receivable of $2,500, inventory of $1,900, and net working
capital of $500. What is the cash ratio?
A. .29

B. .33

C. .41

D. .80

E. .88

Larson, Inc. has total assets of $248,000 and an equity multiplier of 2.5. What is the debt-equity ratio?
A. .40

B. .67

C. 1.5

D. 2.5

total assets of $252.77 B.67 D.37 days E.59 C. has sales of $330. What is the inventory turnover rate? A. 1.E.300. 8. Inc.33 D.200.600.10 percent C. 117. 4. an average of 31 days to sell its inventory and an average of 22 days to collect on the sales of that inventory. 31.38 days D. 10. 43.100. Inc.89 A firm has $28. 6. The total asset turnover rate is 1. 3.72 percent B.5 Singletrak.700 in receivables and $165. 5. 34. What is the return on assets? A. What are the days' sales in receivables? A. cost of goods sold of $294. and a profit margin of 7.69 days B.85 and the profit margin is 7 percent.47 It takes American.03 days Nagel. 8.12 E. 6.14 E. 7. has sales of $348. 11.28 C. What is the inventory turnover rate? A. 7.900. and inventory of $41. Inc. 26.5 percent. 52.33 B.63 percent D.600 in total assets.34 percent . 90.19 days C. 16.

75. 8. total equity of $345.000. and a return on equity of 10 percent. 6. 12.86 percent D.80 percent E. a profit margin of 8 percent and a debt-equity ratio of .33 percent Decorative Paintings has total debt of $69.84 percent Saddle Industries has sales of $510.75 percent .60.50 percent D. 15. What is the return on equity? A.25 percent C. What is the return on assets? A.60 percent E.14 percent B.21 percent D. total equity of $250.400.000.67 percent The Laptop Company has sales of $874. and an equity multiplier of 1.27 percent B. 11.E. 12.000.20 percent C. 8. a total asset turnover rate of .75 percent E. 12.74 percent C. 16. a profit margin of 9 percent.33 percent B.000. 16. 5. 14.80. 10. 9. 10. What is the return on assets? A. 7.