Chapter 3 Homework Shelton, Inc , has sales of $17 5 million, total assets of $13 1 million, and total debt of $5 7 million If the profit margin is 6 percent, what is net income What is ROA What is ROE Aguilera Corp, has a current accounts receivable balance of $438,720 Credit sales for the year just ended were $5173,820 What is the receivables turnover The days sales in receivables How long did it take on average for credit customers to pay off their accounts during the past year The Green Corporation has ending inventory of $417,381, and cost of goods sold for the year just ended was $4682,715 What is the inventory turnover The days sales inventory How long on average did a unit of inventory sit on the shelf before it was sold Levine, Inc , has a total debt ratio of 53 What is the debt equity ratio What is its equity multiplier Makers Corp had additions to retained earnings for the year just ended of $395,000 The firm paid out $195,000 in cash dividends, and it has ending total equity of $3 million If the company currently has 170,000 shares of common stock outstanding, what are earnings per share Dividends per share Book value per share If the stock currently sells for $64 per share, what is the market to book ratio The price earnings ratio If the company had sales of $5 15 million, what is the price sales ratio If Roten Rooters, Inc , has an equity multiplier of 1 15, total asset turnover of 2 10, and a profit margin of 1 percent, what is its ROE Based only on the following information for Dawn Corp , did cash go up or down By how much Classify each event as a source or use of cash Decrease in inventory $365 Decrease in accounts payable $215 Increase in notes payable $280 Increase in accounts receivable $240 Hare, Inc , had a cost of goods sold of $57,382 At the end of the year, the accounts payable balance was $10,432 How long on average did it take the company to pay off its suppliers during the year What might a large value for this ratio imply

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Chapter 3 Homework

Shelton, Inc., has sales of $17.5 million, total assets of $13.1 million, and total debt of $5.7 million. If the profit margin is 6 percent, what is net income? What is ROA? What is ROE?

Aguilera Corp, has a current accounts receivable balance of $438,720. Credit sales for the year just ended were $5173,820. What is the receivables turnover? The days sales in receivables? How long did it take on average for credit customers to pay off their accounts during the past year?

The Green Corporation has ending inventory of $417,381, and cost of goods sold for the year just ended was $4682,715. What is the inventory turnover? The days sales inventory? How long on average did a unit of inventory sit on the shelf before it was sold?

Levine, Inc., has a total debt ratio of .53. What is the debt-equity ratio? What is its equity multiplier?

Makers Corp. had additions to retained earnings for the year just ended of $395,000. The firm paid out $195,000 in cash dividends, and it has ending total equity of $3 million. If the company currently has 170,000 shares of common stock outstanding, what are earnings per share? Dividends per share? Book value per share? If the stock currently sells for $64 per share, what is the market-to-book ratio? The price-earnings ratio? If the company had sales of $5.15 million, what is the price-sales ratio?

If Roten Rooters, Inc., has an equity multiplier of 1.15, total asset turnover of 2.10, and a profit margin of 1 percent, what is its ROE?

Based only on the following information for Dawn Corp., did cash go up or down? By how much? Classify each event as a source or use of cash.

Decrease in inventory $365

Decrease in accounts payable $215

Increase in notes payable $280

Increase in accounts receivable $240

Hare, Inc., had a cost of goods sold of $57,382. At the end of the year, the accounts payable balance was $10,432. How long on average did it take the company to pay off its suppliers during the year? What might a large value for this ratio imply?