Question
1. Pavement Stone Construction has total assets of $35.594 billion, total debt of $9.678 billion, and net sales of $23.980 billion. Their net profit margin
1. Pavement Stone Construction has total assets of $35.594
billion, total debt of $9.678 billion, and net sales of $23.980 billion. Their
net profit margin for the year was 0.22, while the operating profit
margin was 30 percent. Whatis Pavement Stone's net income? (Answer needs to be stated in billions. For example: 2.83) Round to two decimal places.
2.Bane Corp. has total current assets
of $11,676,000, current liabilities of $5,696,000 and a quick ratio of 0.74.
What is its level of inventory?
3.Paradise Sports has sales of $838,000, a grossprofit margin of 0.333, and inventory of $176,000. What is thecompany's inventory turnover ratio? Round to two decimal places.
4.Vibrant Paint Company has the following relationships:
Sales/Total assets = 2.93;ROA = 0.1100
Whatis Vibrant Paint's net profit margin? Round to 3 decimal places.
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