Question
1. If Wilkinson, Inc., has an equity multiplier of 1.61, total asset turnover of 2.3, and a profit margin of 4.1 percent, what is its
1. If Wilkinson, Inc., has an equity multiplier of 1.61, total asset turnover of 2.3, and a profit margin of 4.1 percent, what is its ROE?
| a. 16.28% | ||
| b.15.18% | ||
| c. | 9.43% | |
| d. | 6.72% |
2. Panda Inc.s net income for the most recent year was $16,585. The tax rate was 35 percent. The firm paid $3,946 in total interest expense and deducted $2,625 in depreciation expense. What was the companys cash coverage ratio for the year?
| a. | 10.23 | |
| b. | 9.54 | |
| c. | 8.13 | |
| d. | 8.25 |
3. Prince Albert Canning PLC had a net loss of 47,131 on sales of 199,652. In dollars, sales were $317,073. What was the net loss in dollars?
| a.$69,124.78 | ||
| b. | $74,850.08 | |
| c. | $71,341.24 | |
| d. | $31,750.67 |
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Financial Sustainability In Public Administration Exploring The Concept Of Financial Health
Authors: Manuel Pedro Rodríguez Bolívar
1st Edition
3319579614, 3319579622, 9783319579610, 9783319579627
