Based on the information in, the acid-test ratio is

A) 1.71.

B) 1.67.

C) 1.02.

D) 0.98.

assuming the company's stock price is $30 per share, the P/E ratio is

A) 3.09.

B) 4.83.

C) 9.85.

the accounts receivable turnover is

A) 10.00.

B) 11.11.

C) 8.11.

D) 9.50.

the operating profit margin is

A) 47.5%

B) 37.5%

C) 26.4%

D) 32.8%

Stewart Company Balance Sheet Assets: Cash and marketable securities $600,000 Accounts receivable 900,000 Inventories 1,500,000 Prepaid expenses 75,000 Total current assets $3,075,000 Fixed assets 8,000,000 Less: accum. depr. (2,075,000 Net fixed assets $5,925,000 Total assets $9,000,000 Liabilities: Accounts payable $800,000 Notes payable 700,000 Accrued taxes 50,000 Total current liabilities $1,550,000 Long-term debt 2,500,000 Owner's equity (1 million shares of common stock outstanding) 4,950,000 Total liabilities and owner's equity $9,000,000 Net sales (all credit) $10,000,000 Less: Cost of goods sold (3,000,000) Selling and administrative expense (2,000,000 Depreciation expense (250,000) Interest expense (200,000) Earnings before taxes 4,550,000 Income taxes 1,820,000) Net income $2,730,000 EPS $2.73