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asal pls thank you C3 Galaxy United, Inc. 2012 Income Statement Net Sales Less: Cost of goods sold Less: Depreciation Earnings before interest and taxes

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C3 Galaxy United, Inc. 2012 Income Statement Net Sales Less: Cost of goods sold Less: Depreciation Earnings before interest and taxes Less: Interest paid Taxable income Less: Taxes Net income $627,800 521,400 11,200 95,200 10,100 $85,100 28,900 $56,200 Galaxy United, Inc. 2011 and 2012 Balance Sheets 2011 2012 Cash Account receivables Inventory Accounts payable Long-term debt Common stock* 2011 $128,60 0 147,500 125,000 2012 $134,70 0 141,000 140,000 $17,000 54,100 189,400 $260,50 0 261,300 $521,80 0 $24,700 56,700 186,700 $268,10 0 279,400 $547,50 0 Retained earnings 120,700 Sub-total Net fixed assets 131,800 $521,80 0 $547,50 0 Total Total * The par value of the common stock is $1 per share. 13. What is the quick ratio for 2012? A. 0.56 B. 0.60 C. 1.32 D. 1.67 E. 1.79 14. How many days of sales are in receivables? (Use 2012 values) A. 17.08 days B.23.33 days C. 26.49 days D. 29.41 days E. 32.97 days 15. What is the price-sales ratio for 2012 if the market price is $18.49 per share? A. 2.43 B. 3.29 C. 3.67 D. 4.12 E. 4.38 16. What is debt-equity ratio? (Use 2012 values) A. 0.52 B. 0.87 C. 0.94 D. 1.01 E. 1.06 17. What is the cash coverage ratio for 2012? A. 9.43 B. 10.53 C. 11.64 D. 11.82 E. 12.31 18. What is the return on equity? (Use 2012 values) A. 10.26 percent B. 16,38 percent C. 20.68 percent D. 29.96 percent E. 40.14 percent 19. What is the amount of the dividends paid for 2012? A. $11,100 B. $15,000 C. $32,600 D. $41,200 E. $45,100 20. Reliable Cars has sales of $807,200, total assets of $1,105,100, and a profit margin of 9.68 percent. The firm has a total debt ratio of 78 percent. What is the return on equity? A. 13.09 percent B.16.67 percent C. 17.68 percent D. 28.56 percent E. 32.14 percent

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