1. You are given the following information: Stockholders' equity =$205 million; price/earnings ratio =43; shares outstanding =11,080,000; and market/book ratio =6.75. Calculate the market price of a share of the company's stock.. a. $133.93 b. $18.50 c. $106.39 d. $124.89 e. $17.05 2. Cleveland Corporation has 13,240,000 shares of common stock outstanding, its net income is $241 million, and its P/E is 15.1. What is the company's stock price? a.b.c.d.e.$13.37$3,639.10$15.96$4,379.29$274.86 3. Last year YYY Company had a 7.00% net profit margin based on $24,000,000 in sales and $13,000,000 of total assets. During the coming year, the president has set a goal of attaining a 14% return on total assets. How much must firm sales equal, other things being the same, for the goal to be achieved? a.b.c.d.e.$28,529,800$24,000,000$29,777,020$26,000,000$21,535,200 4. U KNO, Inc. uses only debt and common equity funds to finance its assets. This past year the firm's return on total assets was 19%. The firm financed 39% percent of its assets using equity. What was the firm's return on common equity? a.b.c.d.e.38.95%31.15%48.72%53.46%27.95% 5. The Wilson Corporation has the following relationships: Sales/Total assets =5; Return on total assets (ROA)=13%; Return on common equity (ROE)=16%. What is Wilson's debt ratio? a. 93.25% b. 81.25% c. 6.75% d. 18.75% e. 103.51% 6. Use the information below to calculate the firm's return on common equity. (State your answer as a percentage with two decimal places.) Net profit margin =11.88%; Debt ratio =44.29%; Fixed asset turnover =7.54; Total asset turnover =3.50; Inventory turnover =22.3. Use the following information to answer questions 9 and 10 . 9. What is the firm's quick ratio? a.b.c.d.e.0.423.202.401.760.76 10. What is the firm's days sales outstanding? a.b.c.d.e.9.5336.5048.6712.1743.29