1) The quick ratio of four companies was calculated as shown below. Select the company with the least desirable quick ratio. Multiple Choice Company A has a current ratio of 0.50:1 Company B has a current ratio of 0.75:1 Company C has a current ratio of 1:1 Company D has a Current Ratio of 1.25: 1

2)The average sale period of four companies was calculated as shown below. Select the company with the most desirable average sale period.

Multiple Choice

Company A has an average sale period of 90 days.

Company B has an average sale period of 60 days.

Company C has an average sale period of 30 days.

Company D has an accounts average sale period of 15 days.

3)

The current ratio for four companies was calculated as shown below. Select the company with the most desirable current ratio.

Multiple Choice

Company A has a current ratio of 0.50:1

Company B has a current ratio of 0.75:1

Company C has a current ratio of 1:1

Company D has a Current Ratio of 1.25: 1

4)

Last year Jackson Company had a net income of $160,000, income tax expense of $66,000, and interest expense of $20,000. The company's times interest earned was closest to:

Multiple Choice

3.70 times.

8.00 times.

9.00 times.

12.30 times.