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Question 1
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 ercent
Question 2
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 3
ABC’s balance sheet indicates a book value of shareholders’ equity of $897,703. The firm’s earning per share are $2.9 and the price-earnings ratio is 11.96. If there are 52,701 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
Answer
Question 4
If the debt ratio is 0.20, the Equity Multiplier is:
1.25
0.25
1.20
0.20
0.80
1.5
Question 5
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?
Answer
10.50 percent
7.50 percent
7.75 percent
11.11 percent
5.36 ercent
Question 6
ABC has total sales of $192, assets of $108, return on equity of 23%, and net profit margin of 7%. What is the debt ratio?
Enter you answer in percentages rounded off to two decimal points. Do not enter % in the answer box.
Answer
Question 7
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 8
The ability of the firm to pay off short-term obligations as they come due is indicated by:
Answer
My Grade Point Average
Turnover Ratios
Liquidity Ratios
Profitability Ratios
Question 9
XYZ earned a net profit margin of 4.6% last year and had an equity multiplier of 3.8. If its total assets are $97 million and its sales are 194 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.
Answer
Question 10
If the debt ratio is 0.80, the Equity Multiplier is:
Answer
0.8
0.2
1
5
1.8
4
Question 11
If the debt ratio is 0.75, the Debt/Equity Ratio is:
Answer
0.75
0.25
1
5
1.75
3
Question 12
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?
Answer
$91,406
$112,500
$121,500
$137,500
$146,250
Question 13
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?
Answer
4 times
400 times
2 times
8 times
0.25 times
Question 14
ABC, Inc., has a market-to-book ratio of 2, net income of $86,044, a book value per share of $18.2, and 56,994 shares of stock outstanding. What is the price-earnings ratio?
Enter your answer rounded off to two decimal points.
Answer
Question 15
ABC’s balance sheet indicates a book value of shareholders’ equity of $781,785. The firm’s earning per share are $3.2 and the price-earnings ratio is 12.36. If there are 45,263 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.
Answer
Question 16
ABC’s balance sheet indicates a book value of shareholders’ equity of $782,852. The firm’s earning per share are $3.2 and the price-earnings ratio is 12.05. If there are 48,412 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
Answer
Question 17
XYZ earned a net profit margin of 5.7% last year and had an equity multiplier of 3.3. If its total assets are $104 million and its sales are 159 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.
Answer
Question 18
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.
Answer
0.68
0.70
1.38
1.47
2.08
Question 19
Blackstone, Inc., has net income of $8,357, a tax rate of 38%, and interest expense of $723. What is the times interest earned ratio?
Enter your answer rounded off to two decimal points.