Answered step by step
Verified Expert Solution
Question
1 Approved Answer
5. (1pt) Bebaflex Corporation has ending inventory of $500,000 and cost of goods sold for the year just ended was $2,000,000. What is the inventory
5. (1pt) Bebaflex Corporation has ending inventory of $500,000 and cost of goods sold for the year just ended was $2,000,000. What is the inventory turnover? The days' sales in inventory? How long on average did a unit of inventory sit on the shelf before it was sold? 6. (2pts) Rossdale, Inc. had additions to retained earnings for the year just ended of $400,000. The firm paid out $100.000 in cash dividends, and it has ending total equity of $7 million. If the company currently has 500,000 shares of common stock outstanding, what are the earnings per share? Dividends per share? What is book value per share? If the stock currently sells for $40 per share, what is the market-to-book ratio? The price-earnings ratio? If total sales were $15 million, what is the price-sales ratio? 7. (2pts) Fully explain the kind of information the following financial ratios provide about a firm: a. Quick ratio b. Cash ratio c. Capital intensity ratio d. Times interest earned ratio e. Return on assets f. Price-earnings ratio 8. (1pts) Explain the importance of each component of the DuPont Identity (return on equity, profit margin, total asset turnover, equity multiplier). A complete answer should require approximately 1-2 sentences for each term
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started