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1.Based on the following data, what is the quick ratio, rounded to one decimal? a. 2.8 b. 3.1 c. 4.9 d. 3.0 2. Based on

1.Based on the following data, what is the quick ratio, rounded to one decimal?

image text in transcribed

a. 2.8
b. 3.1
c. 4.9
d. 3.0
2.

Based on the following data for the current year, what is the accounts receivable turnover

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a. 12.5
b. 11.1
c. 14.3
d. 4.0
3.

Based on the following data for the current year, what is the inventory turnover?

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a. 2.8
b. 3.2
c. 10.0
d. 3.0
4.

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If net income is $145,000 and interest expense is $30,000 for 2009 what is the rate earned on total assets for 2009 (round percent to one decimal point)?
a. 9.1%
b. 10.3%
c. 11.0%
\
d. 12.1% 5.

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If net income is $158,100 and interest expense is $30,000 for 2010 what is the rate earned on stockholders' equity for 2010 (round percent to one decimal point)?
a. 20.2%
b. 19.0%
c. 16.0%
d. 17.0% 6.

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If net income is $139,500 and interest expense is $30,000 for 2010 what is the rate earned on stockholders' equity for 2010 (round percent to one decimal point)?
a. 14%
b. 15.0%
c. 18.2%
d. 17.1%

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