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Please answer them 7. Which of the following actions will increase the current ratio, alil eise constant? Assume the current ratio is greater te A
Please answer them
7. Which of the following actions will increase the current ratio, alil eise constant? Assume the current ratio is greater te A Cash purchase of inventory B. Cash payment of an account payable C. Cash payment on an account receivable D. Credit sale of inventory at cost E. Cash sale of inventory at a loss 8. A firm has inventory of $48,500, accounts payable of $17,400, cash of $1,250, net fixed assets of $318,650, long-term debt of $109,500, and accounts receivable of $16,600. What is the common-size percentage of the equity? A. 70.60 percent B. 70.12 percent C. 42.08 percent D. 66.87 percent E. 68.75 percent 9. Motor Works has total assets of $919,200, long-term debt of $264,500, total equity of $466,900, net fixed assets of and sales of $1,021,500. The profit margin is 6.2 percent What is the current ratio? $682,800, A 79 B. .84 C. 1.01 D. 1.19 E. 1.266 10. A firrm has total Whot is the debt-equity ratio? assets of $638,727, current assets of $203.015, current liabilities of $122,008, and total debt of $348,082. A 1.03 B. 1.20 C. 131 D. 1.43 E. .87 11. Allison's Trees has total assets of $846,200 and total debt of $367,500. What is the equity multiplie? A. .46 B. .57 D. 1,77 1.85 E. 12. Kessler Cleaners has accounts receivable of $28,943, total assets of $387,600, cost of goods sold of $317,400, and a A. 12.63 B. 12.42 C. 13.81 D. 14.61 E. 10.97Step by Step Solution
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