Question
Galaxy United, Inc. 2011 and 2012 Balance Sheets 2011 2012 Cash $17,000 $16,500 Acts Receivable 54,100 56,700 Inventory 189,400 186,700 Current Assets 260,500 259,900 Net
Galaxy United, Inc. | ||
2011 and 2012 Balance Sheets | ||
2011 | 2012 | |
Cash | $17,000 | $16,500 |
Acts Receivable | 54,100 | 56,700 |
Inventory | 189,400 | 186,700 |
Current Assets | 260,500 | 259,900 |
Net Fixed Assets | 261,300 | 282,100 |
Total Assets | 521,800 | 542,000 |
Accounts Payable | 128,600 | 134,700 |
Long-term Debt | 147,500 | 135,500 |
Common stock | 125,000 | 140,000 |
Retained Earnings | 120,700 | 131,800 |
Total | 521,800 | 542,000 |
**The par value for common stock is $1 per share
What is the quick ratio for 2012? ["0.54", "1.32", "1.67", "1.79"]
What is the price-sales ratio for 2012 if the market price is $18.49 per share? ["2.43", "3.29", "3.67", "4.22"]
How many days of sales are in receivables? (Use 2012 values) ["17.08 days", "23.33 days", "29.41 days", "33.70 days"]
What is the cash coverage ratio for 2012? ["8.43", "9.18", "11.64", "12.31"]
What is the return on equity? (Use 2012 values) ["14.26 percent", "15.38 percent", "15.64 percent", "19.96 percent"]
What is the amount of the dividends paid for 2012? ["$11,100", "$15,000", "$22,600", "$31,400"]
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