Question
1. Sheridan Corp. has a gross profit margin of 40.00 percent, sales of $41,000,000, and inventory of $20,000,000. What is its inventory turnover ratio? (Round
1. Sheridan Corp. has a gross profit margin of 40.00 percent, sales of $41,000,000, and inventory of $20,000,000. What is its inventory turnover ratio? (Round answer to 2 decimal places, e.g. 15.25.)
2.Crane Company has total assets of $4,800,000,000 and a debt ratio of 25.0 percent. Calculate the companys debt-to-equity ratio and equity multiplier. (Round answers to 2 decimal places, e.g. 12.55.)
3.Ivanhoe Company has a debt-to-equity ratio of 1.85, ROA of 10.0 percent, and total equity of $1,435,000. What are the companys equity multiplier, debt ratio, and ROE? (Round equity multiplier to 2 decimal places, e.g. 12.55, debt ratio to 3 decimal places, e.g. 12.551 and ROE to one decimal place, e.g. 12.5%.)
4. The Wildhorse Timber Company has the following ratios: Net sales/Total assets = 2.95; ROA = 9.00%; ROE = 15.3%. What are Wildhorses profit margin and debt ratios? (Round answers to 2 decimal places, e.g. 12.55 or 12.55%.)
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