Can you help me this questions? I need the answer in an hour for study.

1. Nikko Corp.'s total common equity at the end of last year was $305,000 and its net income after taxes was $60,000. What was its ROE?

• 16.87%
• 17.75%
• 18.69%
• 19.67%

Question 2.2. Orono Corp.'s sales last year were $435,000, its operating costs were $362,500, and its interest charges were $12,500. What was the firm's times interest earned (TIE) ratio?

• 4.72
• 4.97
• 5.23
• 5.80

Question 3.3. Rappaport Corp.'s sales last year were $320,000, and its net income after taxes was $23,000. What was its profit margin on sales?

• 6.49%
• 6.83%
• 7.19%
• 7.55%

Question 4.4. Companies generate income from their "regular" operations and from other sources like interest earned on the securities they hold, which is called non-operating income. Lindley Textiles recently reported $12,500 of sales, $7,250 of operating costs other than depreciation, and $1,000 of depreciation. The company had no amortization charges and no non-operating income. It had $8,000 of bonds outstanding that carry a 7.5% interest rate, and its federal-plus-state income tax rate was 40%. How much was Lindley's operating income, or EBIT?

• $3,462
• $3,644
• $3,836
• $4,250

Question 5.5. Tucker Electronic System's current balance sheet shows total common equity of $3,125,000. The company has 125,000 shares of stock outstanding, and they sell at a price of $52.50 per share. By how much do the firm's market and book values per share differ?

• $27.50
• $28.88
• $30.32
• $31.83

Question 6.6. Which of the following statements is CORRECT?

• The four most important financial statements provided in the annual report are the balance sheet, income statement, cash budget, and the statement of stockholders equity.
• The balance sheet gives us a picture of the firms financial position at a point in time.
• The income statement gives us a picture of the firms financial position at a point in time.
• The statement of cash flows tells us how much cash the firm has in the form of currency and demand deposits.

Question 7.7. Which of the following statements is CORRECT?

• The more depreciation a firm reports, the higher its tax bill, other things held constant.
• People sometimes talk about the firms net cash flow, which is shown as the lowest entry on the income statement; hence it is often called "the bottom line.
• Depreciation reduces a firms cash balance, so an increase in depreciation would normally lead to a reduction in the firms net cash flow.
• Net cash flow (NCF) is often defined as follows:
• Net Cash Flow = Net Income + Depreciation and Amortization Charges.

Question 8.8. Which of the following items cannot be found on a firms balance sheet under current liabilities?

• Accounts payable.
• Short-term notes payable to the bank.
• Accrued wages.
• Cost of goods sold.

Question 9.9. Debt management ratios show the extent to which a firm's managers are attempting to magnify returns on owners' capital through the use of financial leverage.

True

False

Question 10.10. Which of the following items is NOT included in current assets?

• Accounts receivable.
• Inventory.
• Bonds.

Cash.