1. Glotfelty & Sons has sales of $511,000, a profit margin of 4.8 percent, and 37,000 shares of stock outstanding. What is the price-earnings ratio if the stock sells for $14.00 a share?

21.12

20.79

22.29

21.45

2. Which one of the following is a long-term solvency ratio?

total asset turnover

price-sales ratio

interval measure

equity multiplier

3. Jennings Lumber has total sales of $569,000, total equity of $369,000, and total assets of $635,000. What is the return on equity if the firms profit margin is 6.2 percent?

9.56 percent

12.91 percent

11.32 percent

14.93 percent

4. Brunos has total sales of $861,000, costs of $618,500, interest paid of $45,950, and depreciation of $90,000. What is the firm's cash coverage ratio?

3.43

3.32

5.09

5.28

5. Lydia's Market has total assets of $326,000, net fixed assets of $278,000, total equity of $112,000, and current liabilities of $39,400. What is the firms net working capital turnover rate if annual sales are $365,000?

42.44

21.09

35.15

37.21