86 A firm has total assets with a current book value of $71,600, a current market value of $82,300, and a current replacement cost of $90,400 What is the value of Tobin's Q A 85 B 87 C 90 D 94 E 91 AACSB Analytic Accessibility Keyboard Navigation Blooms Apply Difficulty Basic Learning Objective 03 02 How to compute and, more importantly, interpret some common ratios Section 3 3 Ratio Analysis Topic Market value ratios 87 Dixie Supply has total assets with a current book value of $368,900 and a current replacement cost of $486,200 The market value of these assets is $464,800 What is the value of Tobin's Q A 79 B 76 C 96 D 1 26 E 1 05 AACSB Analytic Accessibility Keyboard Navigation Blooms Apply Difficulty Basic Learning Objective 03 02 How to compute and, more importantly, interpret some common ratios Section 3 3 Ratio Analysis Topic Market value ratios 88 Dandelion Fields has a Tobin's Q of 96 The replacement cost of the firm's assets is $225,000 and the market value of the firm's debt is $101,000 The firm has 20,000 shares of stock outstanding and a book value per share of $2 09 What is the market to book ratio A 2 75 times B 3 18 times C 3 54 times D 4 01 times E 4 20 times AACSB Analytic Accessibility Keyboard Navigation Blooms Apply Difficulty Intermediate Learning Objective 03 02 How to compute and, more importantly, interpret some common ratios Section 3 3 Ratio Analysis Topic Market value ratios 89 A firm has annual sales of $416,000, a price earnings ratio of 18, and a profit margin of 3 7 percent There are 12,000 shares of stock outstanding What is the price sales ratio A 97 B 67 C 1 08 D 1 15 E 86 AACSB Analytic Accessibility Keyboard Navigation Blooms Apply Difficulty Intermediate Learning Objective 03 02 How to compute and, more importantly, interpret some common ratios Section 3 3 Ratio Analysis Topic Market value ratios 90 Lassiter Industries has annual sales of $328,000 with 8,000 shares of stock outstanding The firm has a profit margin of 4 5 percent and a price sales ratio of 1 20 What is the firm's price earnings ratio A 21 9 B 17 4 C 18 6 D 26 7 E 24 3 AACSB Analytic Accessibility Keyboard Navigation Blooms Apply Difficulty Intermediate Learning Objective 03 02 How to compute and, more importantly, interpret some common ratios Section 3 3 Ratio Analysis Topic Market value ratios 91 Drive Up has sales of $31 4 million, total assets of $27 6 million, and total debt of $14 9 million The profit margin is 3 7 percent What is the return on equity A 6 85 percent B 9 15 percent C 11 08 percent D 13 31 percent E 14 21 percent AACSB Analytic Accessibility Keyboard Navigation Blooms Apply EOC 3 02 Learning Objective 03 02 How to compute and, more importantly, interpret some common ratios Section 3 3 Ratio Analysis Topic Profitability ratios 92 Corner Supply has a current accounts receivable balance of $246,000 Credit sales for the year just ended were $2,430,000 How many days on average did it take for credit customers to pay off their accounts during this past year A 44 29 days B 55 01 days C 55 50 days D 36 95 days E 41 00 days AACSB Analytic Accessibility Keyboard Navigation Blooms Apply EOC 3 03 Learning Objective 03 02 How to compute and, more importantly, interpret some common ratios Section 3 3 Ratio Analysis Topic Asset management ratios 93 BL Industries has ending inventory of $302,800 and cost of goods sold for the year just ended was $1 41 million On average, how long did a unit of inventory sit on the shelf before it was sold A 47 64 days B 22 18 days C 78 38 days D 61 78 days E 83 13 days AACSB Analytic Accessibility Keyboard Navigation Blooms Apply EOC 3 04 Learning Objective 03 02 How to compute and, more importantly, interpret some common ratios Section 3 3 Ratio Analysis Topic Asset management ratios 94 Coulter Supply has a total debt ratio of 46 What is the equity multiplier A 89 B 1 17 C 1 47 D 1 85 E 2 17 AACSB Analytic Accessibility Keyboard Navigation Blooms Apply EOC 3 05 Learning Objective 03 02 How to compute and, more importantly, interpret some common ratios Section 3 3 Ratio Analysis Topic Long term solvency ratios Please show explanation for all solutions

Question

86  A firm has total assets with a current book value of $71,600, a current market value of $82,300, and a current replacement cost of $90,400  What is the value of Tobin's Q  A   85 B   87 C   90 D   94 E   91 AACSB  Analytic Accessibility  Keyboard Navigation Blooms  Apply Difficulty  Basic Learning Objective  03 02 How to compute and, more importantly, interpret some common ratios  Section  3 3 Ratio Analysis Topic  Market value ratios 87  Dixie Supply has total assets with a current book value of $368,900 and a current replacement cost of $486,200  The market value of these assets is $464,800  What is the value of Tobin's Q  A   79 B   76 C   96 D  1 26 E  1 05 AACSB  Analytic Accessibility  Keyboard Navigation Blooms  Apply Difficulty  Basic Learning Objective  03 02 How to compute and, more importantly, interpret some common ratios  Section  3 3 Ratio Analysis Topic  Market value ratios 88  Dandelion Fields has a Tobin's Q of  96  The replacement cost of the firm's assets is $225,000 and the market value of the firm's debt is $101,000  The firm has 20,000 shares of stock outstanding and a book value per share of $2 09  What is the market to book ratio  A  2 75 times B  3 18 times C  3 54 times D  4 01 times E  4 20 times AACSB  Analytic Accessibility  Keyboard Navigation Blooms  Apply Difficulty  Intermediate Learning Objective  03 02 How to compute and, more importantly, interpret some common ratios  Section  3 3 Ratio Analysis Topic  Market value ratios 89  A firm has annual sales of $416,000, a price earnings ratio of 18, and a profit margin of 3 7 percent  There are 12,000 shares of stock outstanding  What is the price sales ratio  A   97 B   67 C  1 08 D  1 15 E   86 AACSB  Analytic Accessibility  Keyboard Navigation Blooms  Apply Difficulty  Intermediate Learning Objective  03 02 How to compute and, more importantly, interpret some common ratios  Section  3 3 Ratio Analysis Topic  Market value ratios 90  Lassiter Industries has annual sales of $328,000 with 8,000 shares of stock outstanding  The firm has a profit margin of 4 5 percent and a price sales ratio of 1 20  What is the firm's price earnings ratio  A  21 9 B  17 4 C  18 6 D  26 7 E  24 3 AACSB  Analytic Accessibility  Keyboard Navigation Blooms  Apply Difficulty  Intermediate Learning Objective  03 02 How to compute and, more importantly, interpret some common ratios  Section  3 3 Ratio Analysis Topic  Market value ratios 91  Drive Up has sales of $31 4 million, total assets of $27 6 million, and total debt of $14 9 million  The profit margin is 3 7 percent  What is the return on equity  A  6 85 percent B  9 15 percent C  11 08 percent D  13 31 percent E  14 21 percent AACSB  Analytic Accessibility  Keyboard Navigation Blooms  Apply EOC  3 02 Learning Objective  03 02 How to compute and, more importantly, interpret some common ratios  Section  3 3 Ratio Analysis Topic  Profitability ratios 92  Corner Supply has a current accounts receivable balance of $246,000  Credit sales for the year just ended were $2,430,000  How many days on average did it take for credit customers to pay off their accounts during this past year  A  44 29 days B  55 01 days C  55 50 days D  36 95 days E  41 00 days AACSB  Analytic Accessibility  Keyboard Navigation Blooms  Apply EOC  3 03 Learning Objective  03 02 How to compute and, more importantly, interpret some common ratios  Section  3 3 Ratio Analysis Topic  Asset management ratios 93  BL Industries has ending inventory of $302,800 and cost of goods sold for the year just ended was $1 41 million  On average, how long did a unit of inventory sit on the shelf before it was sold  A  47 64 days B  22 18 days C  78 38 days D  61 78 days E  83 13 days AACSB  Analytic Accessibility  Keyboard Navigation Blooms  Apply EOC  3 04 Learning Objective  03 02 How to compute and, more importantly, interpret some common ratios  Section  3 3 Ratio Analysis Topic  Asset management ratios 94  Coulter Supply has a total debt ratio of  46  What is the equity multiplier  A   89 B  1 17 C  1 47 D  1 85 E  2 17 AACSB  Analytic Accessibility  Keyboard Navigation Blooms  Apply EOC  3 05 Learning Objective  03 02 How to compute and, more importantly, interpret some common ratios  Section  3 3 Ratio Analysis Topic  Long term solvency ratios Please show explanation for all solutions

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86. A firm has total assets with a current book value of $71,600, a current market value of $82,300, and a current replacement cost of

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