Question
Holly, Inc. has sales of $292,510, total assets of $420,400, a debt-equity ratio of 1.2, and a profit margin of 7.5 percent. What is the
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Holly, Inc. has sales of $292,510, total assets of $420,400, a debt-equity ratio of 1.2, and a profit margin of 7.5 percent. What is the equity multiplier?
1.6
2.6
1.2
2.2
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Thyme, Inc. has total assets of $72,000, a debt-equity ratio of 0.8, and net income of $7,700. What is the return on equity?
27.78 percent
24.14 percent
22.56 percent
19.25 percent
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Ferns, Inc. paid $14,000 in dividends and $10,300 in interest over the past year. Sales totaled $139,700 with costs of $100,400. The depreciation expense was $10,500. The applicable tax rate is 21 percent. What is the amount of the operating cash flow?
$37,650
$33,440
$31,150
$35,415
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A firm has adopted a policy whereby it will not seek any additional external financing. Given this, what is the maximum growth rate of the firm if it has net income of $12,000, total equity of $40,000, total assets of $80,000, and a 40 percent dividend payout ratio?
11.70 percent
9.89 percent
7.17 percent
13.13 percent
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A firm has cash of $530, accounts receivable of $400, inventory of $1,200, net fixed assets of $1,800, long-term debt of $700, and total equity of $2,330. What is the common-size percentage for the net fixed assets?
45.80 percent
52.15 percent
28.61 percent
34.73 percent
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