22. Arco Stoel, Inc. generated total sales of $45,565,200 during fiscal 2010 Depreciation and amortication for the ycar totaled S2.278260,and cost ef poods seld was $27.339120 st cxpense foe the year was 59,641,300 and selling gencral, and administrative expeses totaled $4556,520 for the year What is Arco's EBIT for 2010 A) $9641,300o B) S11.391,3o0 Ci S13.275.030 D $IRA0,000 23. A firm that has no debt will have its retum on assets (ROA) equal to its retam on equity (ROE True BI False 24. A company can increase its cquity maltiplier by increasing its debe ratio, bolding everying else: oonstant in the balance sheet True 31 False 25. The componem of the DuPoe equation illustrates the firm's ability to conrol its expeses is the Fancial Leverage Asset Tunover Podi Margin 6 A company's cuct ratio is 20. Which of the following acticns would lower the cumnt ratio ssuming everything else remains the same" A) Berrow asing shoes dem notes payable and use the peoceeds to seduce aceals Borow using shon-term notes payable and use the peoceeds to reduce long term deb Bi C) Use cash to reduce aceruals. Use cah to reduce sccounts payable D) 27. On June 23, 2018, Ulta Cosmetics sold $250,000 worth of its products to Rynex Corporation, with the payment to be made in 90 days on September 20. The goods were shippod to Rynex on July 2. The fim's accountants should recepnine the sale on ane 23, 2018 uly 2, 2018 Ch September 20, 2018 None ef the above 28. The DuPoet equation shows the combined impact of a firm's coemol on ins espenses along aith its efficiend use of assets and debt on its return on equity True False 29. RTR Corp. has reported a net income of $812,4255 for the year The company's share price is S13.45, and the company has 312,490 shares outstanding. Compute the firm's price-earnings ratio. Round your final answer to two decimal places AA87 times B8.12 times Cls.17 times DNone of the above 22. Arco Stoel, Inc. generated total sales of $45,565,200 during fiscal 2010 Depreciation and amortication for the ycar totaled S2.278260,and cost ef poods seld was $27.339120 st cxpense foe the year was 59,641,300 and selling gencral, and administrative expeses totaled $4556,520 for the year What is Arco's EBIT for 2010 A) $9641,300o B) S11.391,3o0 Ci S13.275.030 D $IRA0,000 23. A firm that has no debt will have its retum on assets (ROA) equal to its retam on equity (ROE True BI False 24. A company can increase its cquity maltiplier by increasing its debe ratio, bolding everying else: oonstant in the balance sheet True 31 False 25. The componem of the DuPoe equation illustrates the firm's ability to conrol its expeses is the Fancial Leverage Asset Tunover Podi Margin 6 A company's cuct ratio is 20. Which of the following acticns would lower the cumnt ratio ssuming everything else remains the same" A) Berrow asing shoes dem notes payable and use the peoceeds to seduce aceals Borow using shon-term notes payable and use the peoceeds to reduce long term deb Bi C) Use cash to reduce aceruals. Use cah to reduce sccounts payable D) 27. On June 23, 2018, Ulta Cosmetics sold $250,000 worth of its products to Rynex Corporation, with the payment to be made in 90 days on September 20. The goods were shippod to Rynex on July 2. The fim's accountants should recepnine the sale on ane 23, 2018 uly 2, 2018 Ch September 20, 2018 None ef the above 28. The DuPoet equation shows the combined impact of a firm's coemol on ins espenses along aith its efficiend use of assets and debt on its return on equity True False 29. RTR Corp. has reported a net income of $812,4255 for the year The company's share price is S13.45, and the company has 312,490 shares outstanding. Compute the firm's price-earnings ratio. Round your final answer to two decimal places AA87 times B8.12 times Cls.17 times DNone of the above
