Cameron Balance Sheet 

Accounts Payable and Accruals 29 

Accounts Receivable 55 

Accumulated Depreciation (175)

 Cash 33

 Common Stock 120 

Fixed Assets (gross) 390 

Inventory 132 

Long-Term Debt 200 

Retained Earnings 65

What is Cameron Inc.’s Net Working Capital?

1. 
   

A firm’s current ratio is 1.1, and its quick ratio is 1.0. If its current liabilities are $10,200, what are its inventories?

 

Iris Income Statement

Cost of Goods Sold	340
Depreciation Expense	35
Interest Expense	20
Operating Expense (excluding depreciation)	115
Sales	530

What was Iris Inc.’s earnings before interest and taxes (EBIT)?

 Flying Tigers, Inc., has net sales of $731,000 and accounts receivables of $161,000. What is the firm's accounts receivables turnover? (Give your answer up to two decimal places)

Reagan Corp. has reported a net income of $807,700 for the year. The company's share price is $12.41, and the company has 306,950 shares outstanding. Compute the firm's price-earnings ratio up to two decimal places.

The Florida lottery agrees to pay the winner $281,000 at the end of each year for the next 20 years. What is the future value of this prize if each payment is put in an account earning 0.09?

 Which of the following is not a “Fundamental Decision of Financial Management”? 

a) capital budgeting decision 

b) the macroeconomic management decision 

c) the financing decision 

d)working capital management decision.