Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

a . How did Marble Comics' net working capital to total assets ratio change from 2 0 0 8 to 2 0 0 9 ?

a. How did Marble Comics' net working capital to total assets ratio change from 2008 to 2009?
b. Which of Marble Comics' liquidity measures increased from 2008 to 2009?
c. What was Marble Comics' total debt ratio in 2009?
d. Marble Comics' times interest earned ratio is:
e. Assume Marble Comics' days' sales in inventory ratio was 120 days in 2001. By how much did it change in 2009?
f. The profit margin of Marble Comics Group is:
g. Calculate Marble Comics' ROE for 2009.
Question 2: Sales are $75,000, cost of goods sold is $35,000 and inventory is $5,000. What is the number of days sales in inventory? (1 mark)
Question 3: Cash is $500, inventory is $4,800, accounts receivable is $3,200 and accounts payable is $2,400. What is the quick ratio? (1 mark)
Question 4: Earnings before interest and taxes is $74,300. Interest is $8,300 and depreciation is $9,700. What is the cash coverage ratio? (1 mark)
Question 5: Current assets are $94,700. Accounts payable is $36,200, net income is $12,400 and sales are $110,800. What is the net working capital turnover rate? (1 mark)
Question 6: A firm has a profit margin of 9% on sales of $400,000. There are 10,000 shares of common stock outstanding. What is the earnings per share? (1 mark)
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions