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Lee sun' has sales of $3,000, total assets of $2, 500, and a profit margin of 5 percent. The firm has a total debt ratio
Lee sun' has sales of $3,000, total assets of $2, 500, and a profit margin of 5 percent. The firm has a total debt ratio of 40 percent. What is the return on equity? 10 percent 8 percent 6 percent 12 percent 15 percent Beach Wear has current liabilities of $350,000, a quick ratio of 1.65, inventory turnover of 3.2, and a current ratio of 2.9. What is the cost of goods sold? $980,000 $1, 060,000 $1, 400,000 $1, 500,000 $1, 560,000 Jupiter Explorers has $6, 400 in sales. The profit margin is 4 percent. There are 6, 400 shares of stock outstanding. The market price per share is $1.20. What is the price-earnings ratio? 13 14 21 30 48 Thomas invests $100 in an account that pays 5 percent simple interest. How much money will Thomas have at the end of five years? $120,00 $123, 68 $124, 92 $125,00 $127, 63 You hope to buy your dream house six years from now. Today your dream house costs $189, 900. You expect housing prices to rise by an average of 4.5 percent per year over the next six years. How much will your dream house cost by the time you are ready to buy it? $240, 284, 08 $246, 019, 67 $246, 396, 67 $246, 831, 94 $247, 299, 20
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