Soaring Eagles Corp. has total current assets of $11,114,000, current liabilities of $5,512,000 and a quick ratio of 0.88.What is its level of inventory?
Soaring Eagles Corp. has total current assets of $11,114,000, current liabilities of $5,512,000 and a quick ratio of 0.88.What is its level of inventory?
Question 2Boulder Mountain Ski Company has total assets of $452,700,000 and a debt ratio of 0.30. Calculate the company’s debt-to-equity ratio. Round to two decimal places.
Question 3The Timber Ridge Company has the following relationships:
Sales/Total assets = 3.75; ROA = 0.1020
What is Timber Ridge’s net profit margin? Round to 3 decimal places.
Question 4Sawaya Company had depreciation and amortization expenses of $522,311, interest expenses of $114,077, and an EBITDA of $1,521,087 for the year ended June 30, 2010. What is the Times Interest Earned for this company?
13.3 times
8.8 times
.6 times
None of the above
Question 5Archware Systems has total assets of $35.594 billion, total debt of $9.678 billion, and net sales of $22.460 billion. Their net profit margin for the year was 0.21, while the operating profit margin was 30 percent. What is Archware’s net income? (Answer needs to be stated in billions. For example: 2.83) Round to two decimal places.
Question 6Which one of the following statements is NOT true?
DSO measures in days, the time the firm takes to convert its receivables into cash.
One ratio that measures the efficiency of a firm’s collection policy is days’ sales outstanding.
The accounts receivables turnover ratio measures how quickly the firm collects on its credit sales.
The more days that it takes the firm to collect on its receivables, the more efficient the firm is.
Question 7Blue Air Inc., has net sales of $780,000 and accounts receivables of $165,000. What are the firm’s accounts receivables turnover? Round to two decimal places.
Question 8JP Vineyards has sales of $805,000, a gross profit margin of 0.322, and inventory of $171,000. What is the company’s inventory turnover ratio? Round to two decimal places.
Collepals.com Plagiarism Free Papers
Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we'll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.
Get ZERO PLAGIARISM, HUMAN WRITTEN ESSAYS
Why Hire Collepals.com writers to do your paper?
Quality- We are experienced and have access to ample research materials.
We write plagiarism Free Content
Confidential- We never share or sell your personal information to third parties.
Support-Chat with us today! We are always waiting to answer all your questions.
