Reference no: EM132909699

1. Which ratio should be used to evaluate management's performance in managing the funds provided by shareholders?

2. Asset turnover is calculated as follows: If sales are $ 600,000 and assets are $ 400,000, asset turnover is calculated as follows:

3. When the current ratio is exceedingly high, it means:

4. If we have $ 1,500 in cash, $ 25,500 in accounts receivables, and $ 30,000 in current obligations, our quick or acid test ratio is:

5. The number of times we convert receivables into cash during the course of the year is calculated as follows:

6. If our cost of sales is $120,000 and we have a $90,000 average inventory balance, our inventory turnover rate is:

7. We can calculate our Operating Cycle by adding together:

8. When Operating Income (Earnings Before Interest Taxes) is $63,000 and Net Sales is $900,000, the Operating Income to Sales ratio is:

9. The P / E Ratio is: if the stock price is $ 45.00 and the earnings per share is $ 9.00.

10. In 1996, net income was $ 400,000, and in 1997, net income was $ 420,000. The change in Net Income as a percentage is: