Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Allen, Inc., has a total debt ratio of .61. Requirement 1: What is its debt-equity ratio? Requirement 2: What is its equity multiplier? ------------ Bobaflex

Allen, Inc., has a total debt ratio of .61.

Requirement 1:

What is its debt-equity ratio?

Requirement 2:

What is its equity multiplier?

------------

Bobaflex Corporation has ending inventory of $707,373 and cost of goods sold for the year just ended was $8,513,213.
Requirement 1:

What is the inventory turnover?

What is the days sales in inventory?

How long on average did a unit of inventory sit on the shelf before it was sold?

-------

Pujols Lumber Yard has a current accounts receivable balance of $446,516. Credit sales for the year just ended were $7,535,050.

Requirement 1:

What is the receivables turnover?

How long did it take on average for credit customers to pay off their accounts during the past year?

What is the days sales in receivables?

-----

Remi, Inc., has sales of $19.1 million, total assets of $14.1 million, and total debt of $4.9 million. If the profit margin is 9 percent.

Requirement 1:

What is net income?

What is ROA?

What is ROE?

---------

SDJ, Inc., has net working capital of $1,760, current liabilities of $5,670, and inventory of $1,280.
Requirement 1:

What is the current ratio?

What is the quick ratio?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

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

Get Started

Recommended Textbook for

Small Brewery Finance

Authors: Maria Pearman

1st Edition

1938469526, 978-1938469527

More Books

Students also viewed these Finance questions