Reference no: EM132705345

Question 1) Burt's TVs has current liabilities of $24.1 million. Cash makes up 32 percent of the current assets and accounts receivable makes up another 12 percent of current assets. Burt's current ratio = 1.04 times. What is the value of inventory listed on the firm's balance sheet?

Question 2) Last year Café Creations, Inc. had an ROA of 32%, a profit margin of 12.7%, and sales of $3.3 million. What is Café Creations's total assets?

Question 3) You are evaluating the balance sheet for Cypress Corporation. From the balance sheet you find the following balances: Cash and marketable securities = $520,000, Accounts receivable = $720,000, Inventory = $420,000, Accrued wages and taxes = $42,000, Accounts payable = $120,000, and Notes payable = $920,000. What is Cypress's net working capital?

Question 4) Barnyard, Inc.'s 2008 income statement lists the following income and expenses: EBIT = $505,500, Interest expense = $42,000, and Taxes = $157,500. Barnyard's has no preferred stock outstanding and 110,000 shares of common stock outstanding. What are its the 2008 earnings per share?