Help Save & Exit Excerpts from Stealth Company's December 31, 2021 and 2020, financial statements are presented below: Accounts receivable Inventory Net sales (all credit) Cost of goods sold Total assets Total stockholders' equity Net income 2021 2020 $ 29,500 $ 45,000 34,000 45,000 199,000 195,000 116,000 112,000 428,000 413,000 248,000 234,000 34,500 32,000 Stealth Company's 2021 receivables turnover ratio is: Multiple Choice 5.34 times. 6.68 times. 14.51 times. Excerpts from Stealth Company's December 31, 2021 and 2020, financial statements are presented below: Accounts receivable Inventory Net sales Cost of goods sold Total assets Total stockholders' equity Net income 2021 2020 $ 42,000 $ 46,000 24,000 40,000 196,000 190,000 124,000 119,000 430,000 418,000 242,000 234,000 40,000 38,000 Stealth Company's 2021 inventory turnover is: (Round your answer to 2 decimal places.) Multiple Choice 5.17 times. 8.04 times. Excerpts from Stealth Company's December 31, 2021 and 2020, financial statements are presented below: Accounts receivable Inventory Net sales Cost of goods sold Total assets Total stockholders' equity Net income 2021 2020 $ 48,000 $ 41,000 30,000 44,000 193,000 188,000 118,000 110,000 433,000 406,000 244,000 227,000 33,000 35,000 Stealth Company's 2021 debt to equity ratio is: (Round your answer to 1 decimal place.) Multiple Choice 77.5% 50.9% Excerpts from TPX Company's December 31, 2021 and 2020, financial statements are presented below: Accounts receivable Inventory Net sales (all credit) Cost of goods sold Total assets Total stockholders' equity Net income 2021 $ 89,000 94,000 500,000 261,000 835,000 480,000 72,000 2020 $ 68,000 80,000 384,000 224,000 760,000 420,000 52,000 TPX Company's 2021 receivables turnover ratio is: (Round your answer to 1 decimal place.) Multiple Choice 0.2 times. 1.2 times Saved Help Sav Excerpts from TPX Company's December 31, 2021 and 2020, financial statements are presented below: Accounts receivable Inventory Net sales (all credit) Cost of goods sold Total assets Total stockholders' equity Net income 2021 2020 $ 82,000 $ 81,000 91,000 77,000 510,000 382,000 255,000 217,000 830,000 770,000 480,000 445,000 78,000 56,000 TPX Company's 2021 inventory turnover is: (Round your answer to 1 decimal place.) Multiple Choice 5.6 times 6.1 times. Saved Help Save Excerpts from TPX Company's December 31, 2021 and 2020, financial statements are presented below: Accounts receivable Inventory Net sales Cost of goods sold Total assets Total stockholders' equity Net income 2021 2020 $ 44,000 $ 44,000 38,000 38,000 197,000 188,000 120,000 115,000 426,000 416,000 249,000 232,000 34,500 38,000 TPX Company's 2021 debt to equity ratio is: Multiple Choice 8.19% 29.36% Excerpts from TPX Company's December 31, 2021 and 2020, financial statements are presented below: Accounts receivable Inventory Net sales Cost of goods sold Total assets Total stockholders' equity Net income 2021 2020 $ 82,000 $ 78,000 90,000 72,000 490,000 381,000 263,000 217,000 810,000 780,000 510,000 425,000 74,000 52,000 TPX Company's 2021 gross profit ratio is: (Round your answer to one decimal place.) Multiple Choice 55.3% 51.3% Excerpts from TPX Company's December 31, 2021 and 2020, financial statements are presented below: Accounts receivable Inventory Net sales Cost of goods sold Total assets Total stockholders' equity Net income 2021 2020 $ 83,000 $ 77,000 93,000 76,000 440,000 384,000 259,000 225,000 840,000 775,000 475,000 415,000 78,000 55,000 TPX Company's 2021 return on assets is: (Round your answer to 1 decimal place.) Multiple Choice 0.2% 9.3% Saved Help Save Excerpts from TPX Company's December 31, 2021 and 2020, financial statements are presented below: Accounts receivable Inventory Net sales Cost of goods sold Total assets Total stockholders' equity Net income 2021 $ 82,000 89,000 480,000 265,000 815,000 480,000 76,000 2020 $ 80,000 81,000 374,000 219,000 790,000 435,000 56,000 TPX Company's 2021 profit margin is: (Round your answer to 1 decimal place.) Multiple Choice 15.8% 3.1% Excerpts from TPX Company's December 31, 2021 and 2020, financial statements are presented below: Accounts receivable Inventory Net sales Cost of goods sold Total assets Total stockholders' equity Net income 2021 2020 $ 86,000 $ 75,000 86,000 72,000 420,000 381,000 255,000 217,000 820,000 750,000 510,000 455,000 74,000 59,000 TPX Company's 2021 return on equity is: (Round your answer to 1 decimal place.) Multiple Choice 3.2% 15.3%
