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Can you please help me answer these? 1. Use the following financial statements to answer Questions 1 - 17. Kramerica Industries (KI) 2011 Income Statement

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1. Use the following financial statements to answer Questions 1 - 17. Kramerica Industries (KI) 2011 Income Statement Sales Cost of goods sold Depreciation Earnings before interest and taxes Interest expense Earnings before taxes Taxes Net income $627,800 521,400 11,200 $95,200 10,100 $85,100 29,000 $56,100 Dividends Additions to retained earnings Cash Accounts receivable Inventory Net fixed assets Total assets Kramerica Industries (KI) 2010 and 2011 Balance Sheets 2010 2011 $17,000 $24,700 Accounts payable 54,100 56,700 Long-term debt 2011 $134,700 141,000 189,400 261,300 186,700 Common stock 278,400 Retained earnings 125,000 120,700 140,000 130,800 $521,800 $546,500 Total liabilities and equity $521,800 $546,500 KI's cash flow from assets for 2011 is _____. a. $47,600 b. $49,300 c. $46,700 d. $43,500 Question 2 1. KI's cash flow to stockholders for 2011 is _____. a. $30,100 b. $46,700 c. $31,000 d. $49,300 2010 $128,600 147,500 2 points Question 3 1. KI's cash flow to creditors for 2011 is _____. a. $16,600 b. $46,700 c. $29,300 d. $30,100 2 points Question 4 1. KI's return on assets is _____. a. 17.32% b. 12.79% c. 15.30% d. 10.27% 2 points Question 5 1. KI's internal growth rate is _____. a. 2.07% b. 6.34% c. 5.19% d. 1.88% 2 points Question 6 1. KI's current ratio for 2011 is _____. a. 1.99 b. 2.85 c. 3.77 d. 4.31 2 points Question 7 1. KI's profit margin is _____. a. 17.82% b. 6.66% c. 8.94% d. 19.11% 2 points Question 8 1. KI's equity multiplier for 2011 is _____. a. 2.91 b. 2.02 c. 1.88 d. 3.45 2 points Question 9 1. If KI has 100,000 shares outstanding and the stock is sold for $48.25 per share at the end of the year, its PE ratio is _____. a. 61.47 b. 103.65 c. 150.86 d. 86.01 2 points Question 10 1. KI's quick ratio for 2011 is _____. a. 1.40 b. 0.51 c. 1.32 d. 0.60 2 points Question 11 1. KI's total asset turnover is _____. a. 0.72 b. 1.38 c. 1.15 d. 0.90 2 points Question 12 1. KI's return on equity is _____. a. 20.72% b. 25.12% c. 29.43% d. 21.38% 2 points Question 13 1. KI's sustainable growth rate is _____. a. 16.34% b. 25.19% c. 4.26% d. 3.87% 2 points Question 14 1. KI's total debt ratio for 2011 is _____. a. 55.07% b. 50.45% c. 39.76% d. 32.98% 2 points Question 15 1. KI's times interest earned ratio is _____. a. 9.43 b. 8.52 c. 8.52% d. 9.43% 2 points Question 16 1. KI's operating cycle is _____. a. 163.66 days b. 224.99 days c. 130.70 days d. 127.26 days 2 points Question 17 1. KI's cash cycle is _____. a. 69.37 days b. -3.44 days c. 32.97 days d. 192.03 days

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