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Chadron Shipping has total assets of $646,120 at year's end. The beginning owners' equity was $362,400. During the year, the company had sales of $711,000,

Chadron Shipping has total assets of $646,120 at year's end. The beginning owners' equity was $362,400. During the year, the company had sales of $711,000, a profit margin of 5.2 percent, a tax rate of 21 percent, and paid $12,500 in dividends. What is the equity multiplier at year-end?

  • A. 1.80
  • B. 1.72
  • C. 1.67
  • D. 1.86
  • E. 1.93

A fire has destroyed a large percentage of the financial records of the Chadron Co. You have the task of piecing together information in order to release a financial report. You have found the return on equity to be 14.83 percent. Sales were $979,000, the total debt ratio was .42, and total debt was $548,000. What is the return on assets?

  • A. 8.00 percent
  • B. 6.92 percent
  • C. 9.03 percent
  • D. 8.60 percent
  • E. 9.29 percent

Chadron Mart has a market-to-book ratio of 3.3, net income of $87,100, a book value per share of $18.50, and 11,640 shares of stock outstanding. What is the price-earnings ratio?

  • A. 8.16
  • B. 4.34
  • C. 6.25
  • D. 5.26
  • E. 5.61

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