1.

Brunos has total sales of $853,000, costs of $614,500, interest paid of $43,950, and depreciation of $88,400. What is the firm's cash coverage ratio?

3.42

5.24

5.43

3.53

2.

Lydia's Market has total assets of $327,000, net fixed assets of $279,000, total equity of $117,000, and current liabilities of $38,900. What is the firms net working capital turnover rate if annual sales are $366,000?

40.22

18.87

34.99

32.93

3.

You are given the following information for Shinoda Corp.:

Decrease in inventory	$	550
Decrease in accounts payable		225
Increase in notes payable		210
Increase in accounts receivable		240

Did cash go up or down? By how much?

Cash (Click to select)increased decreased by $

Classify each event as a source or use of cash.

Decrease in inventory is a

use of cash, source of cash

Decrease in accounts payable is a

source of cash, use of cash

Increase in notes payable is a

source of cash, use of cash

Increase in accounts receivable is a

use of cash, source of cash

4.

SDJ, Inc., has net working capital of $2,860, current liabilities of $4,050, and inventory of $3,670.

What is the current ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

Current ratio

times

What is the quick ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

Quick ratio

times

5.

Shelton, Inc., has sales of $14 million, total assets of $12 million, and total debt of $6.7 million. Assume the profit margin is 7 percent.

What is the company's net income? (Do not round intermediate calculations. Enter your answer in dollars not in millions, e.g., 1,234,567.)

Net income

$

What is the company's ROA? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

ROA

%

What is the company's ROE? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

ROE

%

6.

Aguilera Corp. has a current accounts receivable balance of $332,875. Credit sales for the year just ended were $4,207,540.

What is the company's receivables turnover? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

Receivables turnover

times

What is the company's days' sales in receivables? (Use 365 days a year. Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

Days' sales in receivables

days

How long did it take on average for credit customers to pay off their accounts during the past year? (Use 365 days a year. Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

Average collection period

days

7.

The Green Corporation has ending inventory of $482,850, and cost of goods sold for the year just ended was $4,548,447.

What is the inventory turnover? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

Inventory turnover

times

What is the days' sales in inventory? (Use 365 days a year. Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.

Days' sales in inventory

days

How long on average did a unit of inventory sit on the shelf before it was sold? (Use 365 days a year. Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

Days on shelf in inventory

days

8.

Levine, Inc., has a total debt ratio of .33. What is its debt-equity ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.

Debt-equity ratio

What is its equity multiplier? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

Equity multiplier

9.

If Roten Rooters, Inc., has an equity multiplier of 1.47, total asset turnover of 1.60, and a profit margin of 5.7 percent, what is its ROE? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

ROE

%

10.

Zombie Corp. has a profit margin of 5.4 percent, total asset turnover of 2.1, and ROE of 19.94 percent. What is this firms debt-equity ratio? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)

Debt-equity ratio

11.

SME Company has a debt-equity ratio of .60. Return on assets is 7.7 percent, and total equity is $520,000.

What is the equity multiplier? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

Equity multiplier

What is the return on equity? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Return on equity

%

What is the net income? (Do not round intermediate calculations. Round your answer to the nearest whole number, e.g., 32.)

Net income

$