Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Garland Company Balance Sheet Based on the information in Table 4-1, the current ratio is ___. a. 1.96 b. 1.05 c. 2.89 d. 1.21 Based
Garland Company Balance Sheet Based on the information in Table 4-1, the current ratio is ___. a. 1.96 b. 1.05 c. 2.89 d. 1.21 Based on the information in Table 4-1, the quick ratio is ___ a. 1.71 b. 0.67 c. 1.11 d. 0.98 Based on the information in Table 4-1, the average collection period is ___ a. 36.5 days b. 10.5 days c. 47.3 days d. 29.8 days Based on the information in table 4-1 the accounts receivable function is ___ a.10 b. 100 c. 8 d. 9.5 Based on the information in Table 4-1, the debt ratio is ___ a. 21.1% b. 22.6% c. 48.8% d. 45.2% Based on the information in Table 4-1, the inventory turnover ratio is ___ a. 1.29 times b. 1 99 times c. 2.59 times d. 2.98 times Based on the information in Table 4-1, the OROA is ___ e. 0.247 f. 0.395 g. 0.565 h. 3.947 Based on the information in Table 4-1, the times interest earned ratio is __ i. 53.33 times ii. 34.56 times k. 15.00 times l. 9.33 times Based on the information in Table 4-1, assuming that no preferred dividends were paid, the return on common equity is ___ m. 68.5% n. 44.8% o. 28.8% p. 17.5% Based on the information in Table 4-1, the fixed asset turnover ratio is ___ q. 1.48 r. 2.67 s. 4.34 t. 6.80 Based on the information in Table 4-1, the total asset turnover ratio is ___ u. 1.80 v. 1.40 w. 3.30 x. 4.98 Based on the information in Table 4-1, the operating profit margin is ___ y. 44.8% z. 17.5% aa, 28.1% bb. 32.4% Based on the information in Table 4-1 and assuming the company's stock price is $28 per share, the P/E ratio is ___. cc. 2.0 b. 1.4 c. 20.0 d. 50.0
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started