A company was able to increase the number of turns from last years Inventory Turnover Ratio of 3.5 times by 20%, COGS this year was $1,400,000, what was the inventory at the end of this year?

4.2 times

$333,333.33

$400,000.00

$1,400,000.00

What is the Days Sales in Receivables Ratio for a firm who had annual Unit Sales of 1,500,000 at a Price per Unit of $22 and an Accounts Receivable balance at the end of the year of $3,474,000?

42.15 Days

16.59 Days

9.50 Days

38.42 Days

Total Equity of $6,000,000, Total Debt of $4,000,000, What is the Equity Multiplier Ratio?

0.4000 Times

1.6666 Times

0.6000 Times

0.6666 Times