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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.