Bobaflex Corporation has ending inventory of $715,773 and cost of goods sold for the year just ended was $9,505,462.

What is the inventory turnover? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Inventory turnover times

What is the days sales in inventory? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Days sales in inventory days

Dimeback Co. has total assets of $9,000,000 and a total asset turnover of 2.4 times. Assume the return on assets is 10 percent.

What is its profit margin? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

For the past year, Coach, Inc., had a cost of goods sold of $67,882. At the end of the year, the accounts payable balance was $11,989.

How long on average did it take the company to pay off its suppliers during the year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Days sales in payables days

SDJ, Inc., has net working capital of $1,710, current liabilities of $5,690, and inventory of $1,285.

What is the current ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Current ratio times

What is the quick ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Quick ratio times

In response to complaints about high prices, a grocery chain runs the following advertising campaign: If you pay your child $1 to go buy $33 worth of groceries, then your child makes about twice as much on the trip as we do. Youve collected the following information from the grocery chains financial statements:

(millions)

Sales $ 754.00

Net income 11.45

Total assets 320.00

Total debt 152.50

What is the childs profit margin? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Childs profit margin %

What is the stores profit margin? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Stores profit margin %

What is the store's ROE? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

ROE %

Beckinsale, Inc., has a profit margin of 6.85 percent on sales of $24,000,000. Assume the firm has debt of $9,400,000 and total assets of $16,000,000.

What is the firms ROA? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

ROA %

Problem 3-13 Sustainable Growth [LO 3]

Profit margin = 9.4 %

Capital intensity ratio = .55

Debtequity ratio = .70

Net income = $ 105,000

Dividends = $ 40,000

Based on the above information, calculate the sustainable growth rate for Southern Lights Co. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Sustainable growth rate %