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D | Question 6 2 pts The following information pertains to Newman Company. Assume that balance sheet amounts represent both average and ending balance figures.

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D | Question 6 2 pts The following information pertains to Newman Company. Assume that balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit Assets Cash and short-term $ 40,000 Accounts receivable 30,000 net Inventory Property, plant and 2150 25,000 Total Assets 10.00 Current liabilities 0,000 Long-term liabilities95,000 Stockholders155.000 Total Liabilities and $310 02 stockholders equity Sales 90,000 Cost of goods sold 45.000 45,000 20.000 25.000 Number of shares of 6.000000 $40 Dividends per share100 Gross margin Operating expenses Net income common stock Market price of common stock Cash provided by$40.00 operations What is the price eanings ratio for this company? O6.0 times O 42 times O 80 times O 9 6 times D Question 7 2 pts DI Question 7 2 pts n 2012 Robert Corporation had net income of $250,000 and paid dvidends to common stockholders of $50000 They had 50.000 shares of common stock ottning during the entire year. Robert Corporation's common stock is selling for $50 per share on the New York Stock Exchange Robert Corporation's price-eamings ratio is 5 imes D Question 8 2 pts The numerator used to cakculate accounts receivable turnover is O sotal sales O net sales DI Question 9 2 pts An acceleration in the collection of receivables will tend to cause the accounts O decrease O remain the same eilther Incease or dec O increase D | Question 10 2 pts The relationship of $325,000 to $125,000, expressed as a ratio, 20 26 t0 0 25 t0 O 045to 1

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