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COBA, Inc. has earnings available for common shareholders of $700 produced by sales of $10,000. It also has total assets of $20,000 and an assets-to-equity

COBA, Inc. has earnings available for common shareholders of $700 produced by sales of $10,000. It also has total assets of $20,000 and an assets-to-equity ratio of 2.5. What is COBA Inc.s return on assets?

A. 1.50%

B. 2.50%

C. 3.50%

D. 4.50%

COBA, Inc. has earnings available for common shareholders of $700 produced by sales of $10,000. It also has total assets of $20,000 and an assets-to-equity ratio of 2.5. What is COBA Inc.s return on common equity?

A. 2.50%

B. 3.50%

C. 7.00%

D. 8.75%

The Bronc Company had sales of $1,000 with COGS equal to 30% of sales. Bronc also had total other operating expenses of $400, interest expense of $125, and is subject to a flat 40% of its pre-tax income in income taxes. What is Broncs net income?

A. $105

B. $160

C. $170

D. $180

The asset-to-equity ratio for a firm is 1.5, and the firm has total assets of $3,000,000. Last year, net income for the firm was $250,000, and the earnings per share for the firm was reported as $0.50. What is the current book value per share for the firm?

A. $0.50

B. $3.00

C. $4.00

D. $12.00

Coco Maxs stock is currently selling for $75 per share. If it is selling at a P/E ratio of 50, calculate Coco Maxs recent earnings per share.

A. $1.50

B. $2.00

C. $2.50

D. $3.00

Fresh Juice Corp has an operating profit of $1,200 produced from $9,800 in sales. If Fresh Juice has no interest expense and currently pays 35% of its operating profits in taxes and $200 per year in preferred dividends, then what is Fresh Juices net profit margin?

A. 4.29%

B. 5.92%

C. 7.96%

D. 10.20%

You are going to receive $80 at the end of each year for the next 12 years. If you invest each of those amounts at 12%, then what amount of money will you have at the end of the 12th year?

A. $115.20

B. $960.00

C. $969.60

D. 1,930.65

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