10) On September 30, the Simpson Company reported the following information on its financial statements sooooo- $1,080,000 Totalcurrentassets Total long-ter m assets Total current liabilities Total long-ter m debt $684000 $803,000 What is the amount of the stockholder's equity in the Simpson Company? A) $243,000 B) $277,000 C) $927,000 D) $3,217,000 11) For their last fiscal year, the Short Company reported the following information 160,000 $204,000 $1,168,000 $724,000 Accounts Receivable Inventory Sales Cost of Goods Sold What is the accounts receivables turnover rate? A) 0.8 B) 2.8 C) 4.5 D) 7.3 12) Worcester Corporation has a P/E ratio of 15. Natick Corporation is in the same industry as Worcester, but has a P/E ratio of 20. Possible interpretations of this discrepancy include B) Natick Corporation has higher earnings per share. C) Investors expect Natick to grow faster than Worcester. D) Natick's stock price is higher than Worcester's. 13) Which of the following may be signs of future problems for a company? I. Inventories growing faster than sales. Il. Rapidly increasing debt to equity ratio ll. Cash flow from operations is higher than net income. IV. Current liabilities increasing faster than current assets A) I and Ill only B) II and IV only C)I, ll and IV only D) I,Il and Ill only