Ajax Corp's sales last year were exist510,000, its operating costs were exist362, 500, and its interest charges were exist12, 500. What was the firm's times - interest earned (TIE) ratio? a. 14.75 b. 11.80 c. 8.85 d. 12.15 e. 13.10 Duffert Industries has total assets of exist940,000 and total current liabilities (consisting only of accounts payable and accruals) of exist130,000. Duffert finances using only long term debt and common equity. The interest rate on its debt is 8% and its tax rate is 40%. The firm's basic earning power ratio is 14% and its debt - to capital rate is 40%. What are Duffert's ROE and ROIC? Do not round your intermediate calculations. a. 17.49%: 10.82% b. 13.75%: 9.46% c. 11.81%: 9.07% d. 9.72%: 8.29% e. 14.95%: 9.75% Han Corp's sales last year were exist485,000, and its year end receivables were exist52, 500. The firm sells on terms that call for customers to pay 30 days after the purchase, but some delay payment beyond Day 30. On average, how many days late do customers pay? Base your answer on this equation: DSO. Allowed credit period = Average days late, and use a 365 day year when calculating the DSO. Assume all sales to be on credit. Do not round your intermediate calculations. a. 8.08 b. 11.03 c. 9.51 d. 8.56 e. 10.78 Ajax Corp's sales last year were exist510,000, its operating costs were exist362, 500, and its interest charges were exist12, 500. What was the firm's times - interest earned (TIE) ratio? a. 14.75 b. 11.80 c. 8.85 d. 12.15 e. 13.10 Duffert Industries has total assets of exist940,000 and total current liabilities (consisting only of accounts payable and accruals) of exist130,000. Duffert finances using only long term debt and common equity. The interest rate on its debt is 8% and its tax rate is 40%. The firm's basic earning power ratio is 14% and its debt - to capital rate is 40%. What are Duffert's ROE and ROIC? Do not round your intermediate calculations. a. 17.49%: 10.82% b. 13.75%: 9.46% c. 11.81%: 9.07% d. 9.72%: 8.29% e. 14.95%: 9.75% Han Corp's sales last year were exist485,000, and its year end receivables were exist52, 500. The firm sells on terms that call for customers to pay 30 days after the purchase, but some delay payment beyond Day 30. On average, how many days late do customers pay? Base your answer on this equation: DSO. Allowed credit period = Average days late, and use a 365 day year when calculating the DSO. Assume all sales to be on credit. Do not round your intermediate calculations. a. 8.08 b. 11.03 c. 9.51 d. 8.56 e. 10.78
