Reference no: EM13494682
Question 1
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.
0.68
0.70
1.38
1.47
2.08
Question 2
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?
Enter your answer rounded off to two decimal points.
Hint: Market value per share is same as market price per share
Question 3
If the Debt/Equity Ratio is 0.60. What is the Debt Ratio?
0.40
0.375
0.60
1
o.4444
Question 4
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?
6.87 percent
7.17 percent
7.34 percent
7.50 percent
7.67 percent
Question 5
ABC's balance sheet indicates a book value of shareholders' equity of $793,182. The firm's earning per share are $2.2 and the price-earnings ratio is 11.45. If there are 47,873 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.
Question 6
If the debt ratio is 0.75, the Debt/Equity Ratio is:
0.75
0.25
1
5
1.75
3
Question 7
If the Debt/Equity Ratio is 0.50. What is the Debt Ratio?
0.50
0.375
0.60
1
o.3333
Question 8
The ability of the firm to pay off short-term obligations as they come due is indicated by:
My Grade Point Average
Turnover Ratios
Liquidity Ratios
Profitability Ratios
Question 9
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?
10.50 percent
7.50 percent
7.75 percent
11.11 percent
5.36 percent
Question 10
A firm has net working capital of $1,100 and current liabilities of $2,800. What is the current ratio?
.98
2.56
.39
.72
1.39
Question 11
If the debt ratio is 0.20, the Equity Multiplier is:
1.25
0.25
1.20
0.20
0.80
1.5
Question 12
XYZ earned a net profit margin of 7.4% last year and had an equity multiplier of 3.8. If its total assets are $112 million and its sales are 129 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.
Question 13
ABC earned a net profit margin of 6.8% last year and had an equity multiplier of 2.3. If its total assets are $107 million and its sales are 176 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.
Question 14
ABC's balance sheet indicates a book value of shareholders' equity of $864,051. The firm's earning per share are $3.4 and the price-earnings ratio is 12.5. If there are 49,181 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
Question 15
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?
8.87 percent
6.19 percent
11.29 percent
10.27 percent
9.37 percent
Question 16
A firm has total assets of $682,000 and total equity of $424,000. What is the debt-equity ratio?
1.61
0.61
1.64
0.62
Question 17
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?
2,000,000
3,200,000
3,400,000
1,000,000
Question 18
If the Debt/Equity Ratio is 0.80. What is the Debt Ratio?
0.40
0.375
0.60
1
o.4444
Question 19
If the debt ratio is 0.60, the Debt/Equity Ratio is:
1.25
0.25
1.20
0.20
0.80
1.5
Question 20
ABC has total sales of $207, assets of $109, return on equity of 23%, and net profit margin of 5%. What is the debt ratio?
Enter you answer in percentages rounded off to two decimal points. Do not enter % in the answer box.
Question 21
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?
$91,406
$112,500
$121,500
$137,500
$146,250
Question 22
If the debt ratio is 0.80, the Equity Multiplier is:
0.8
0.2
1
5
1.8
4
Question 23
XYZ earned a net profit margin of 5.9% last year and had an equity multiplier of 3.9. If its total assets are $96 million and its sales are 145 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.
Question 24
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.
1.69
0.54
0.74
1.35
Question 25
Toast and Butter, Inc., has total assets of $712,000 and an equity multiplier of 1.6. What is the debt-equity ratio?
0.60
0.67
0.63
1.60
1.67
Question 26
ABC, Inc., has a market-to-book ratio of 3, net income of $88,482, a book value per share of $18.8, and 40,322 shares of stock outstanding. What is the price-earnings ratio?
Enter your answer rounded off to two decimal points.
Question 27
Blackstone, Inc., has net income of $9,728, a tax rate of 36%, and interest expense of $679. What is the times interest earned ratio?
Enter your answer rounded off to two decimal points.
Question 28
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)?
19.34%
2.275%
1.75%
14.875%
Question 29
XYZ has total sales of $203, assets of $115, return on equity of 34%, and net profit margin of 6%. What is the amount of equity?
Enter you answer rounded off to two decimal points. Do not enter $ in the answer box.
Question 30
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?
4 times
400 times
2 times
8 times
0.25 times
Question 31
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?
20
17.9
18.5
16
19.8