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1. Many financial ratios use information from a company's income statement and balance sheet True False 4 points QUESTION 2 1. The term Profit Margin

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1. Many financial ratios use information from a company's income statement and balance sheet True False 4 points QUESTION 2 1. The term "Profit Margin" can also be called: Debt to Equity Ratio Current Ratio Return on Sales Quick Ratio 4 points QUESTION 3 1. The recent Balance Sheet for Cupcake Palooza included the following information: Cash: 22 Short-term investments: 71 Net Receivables: 65 Inventory: 23 Prepaid Expenses: 45 Total Assets: 1454 Current Liabilities: 368 Total Liabilities: 1574 Net Income After Tax: 341 Based on this information, what is the Debt to Total Assets ratio for the company to the nearest whole number (as a percent)? Express your response as a number, such as 33 if you think their Debt to Total Assets ratio is 33% 4 points QUESTION 4 1. If you wanted to determine if a company could pay its current liabilities if they all became due immediately, not over the next year, you could calculate its: Current Ratio Debt to Equity Ratio Earning per Share Quick Ratio 1 ninte

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