9.

In 2011, how many days on average did it take Bayside to sell its inventory?

126.1 days

127.9 days

153.8 days

176.5 days

178.9 days

10.

What is the debt-equity ratio for 2011?

22.5%

26.2%

35.5%

45.1%

47.7%

11.

What is the times interest earned ratio for 2011?

30

36

40

50

54

12.

What is the return on equity for 2011?

16.2%

20.9%

21.7%

22.1%

23.3%

Angela's Bakery generates five cents of net income for every $1 in sales. Thus, Angela's has a of 5%. O return on assets return on equity profit margin Du Pont measure total asset turnover Use the following to answer questions 9-12: Bayside Inc. 2011 Income Statement (S in thousands) Net sales Less: Cost of goods sold Less: Depreciation Earnings before interest and taxes Less: Interest paid Taxable Income Less: Taxes Net income $5,680 4,060 420 1,200 30 $1,170 410 $ 760 Bayside, Inc. 2010 and 2011 Balance Sheets (S in thousands) 2011 010 011 Cash Accounts rec. Inventory Total Net fixed assets Total assets $ 70 $ 180 980 840 1,560 1,990 $2,610 $3,010 3,600 3,360 $6,210 S6,370 Accounts payable Long-term debt Common stock Retained earnings $1,350 $1,170 720 500 3,200 3,500 940 1,200 Total liabilities & equity $6,210 S6,370