What is the quick ratio and current ratio

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Reference no: EM132044213

1. SDJ, Inc., has net working capital of $1,570, current liabilities of $4,380; and inventory of $1,875.

(a) What is the current ratio?

(b) What is the quick ratio?

2. Country Boy, Inc., has sales of $24 million, total assets of $18 million, and total debt of $7 million. Country Boy has a profit margin is 8%.

(a) What is net income? (Please put your answers in $millions.

(For example rather than "$1,230,000", type "1.23" which will display as "$1.23 mil.".)

(b) What is ROA?

3. Bettles Fried Chicken Co. has a debt-equity ratio of 0.80. Return on assets is 9.2% and total equity is $520,000.

(a) What is the equity multiplier?

(b) What is the return on equity?

4. For each of the following,effects, determine how much cash went up or down? (Put in a positive number if cash increased and a negative number is cash decreased.)

(a) Inventory decreased by $400:

(b) Accounts payable decreased by $160:

(d) Accounts receivable decreased by $210:

Reference no: EM132044213

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