Question
Answer all of these questions with the right question number next to the correct choice. ANSWER ALL OR NONE 1-If a firm has a 56.24%
Answer all of these questions with the right question number next to the correct choice. ANSWER ALL OR NONE
1-If a firm has a 56.24% debt to asset ratio, what is its debt to equity ratio? (Answer should be a %).
2-Calculate total equity for a firm that has no preferred stock, Total assets = $6,125, Total debt = $4,000, and Retained earnings = $1,875.
A)$4,000
B)$250
C)$5,875
D)$2,125
3-A firm with $975 in assets has sales of $3,399 and NI of $201. What is the firm's ROA? (Answer is a % so multiply result by 100).
4-During 2018, Bascom Bakery paid out $33,525 of common dividends. It ended the year with $295,000 of retained earnings versus the prior years retained earnings of $159,600. How much net income did the firm earn during the year?
A)$194,264
B)$168,925
C)$155,411
D)$140,208
5-Hoagland Corp's stock price at the end of last year was $32.00, and its book value per share was $25.00. What was its market/book ratio?
A)1.60
B)1.24
C)1.28
D)1.08
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