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Please Use your keyboard (Don't use handwriting) Thank you.. ***Just choose the correct answer without explain 62- Samuelson's has sales of $317,000, a profit margin

Please Use your keyboard (Don't use handwriting) Thank you..

***Just choose the correct answer without explain

62- Samuelson's has sales of $317,000, a profit margin of 8.6 percent, an equity multiplier of 1.8, and total debt of $144,400. What is the return on equity?

A. 15.48%

B. 14.46%

C. 7.05%

D. 15.10%

E. 11.25%

63- A firm has a return on equity of 16.2 percent, a debt-equity ratio of 44 percent, a capital intensity ratio of 1.08, a current ratio of 1.25, and current assets of $138,000. What is the profit margin?

A. 12.15%

B. 9.72%

C. 7.48%

D. 15.19%

E. 13.69%

64- What is the current ratio for 2015?

image text in transcribed

A. 1.95

B. .95

C. 2.06

D. 1.98

E. .98

65- What are the days' sales in inventory for 2015? (Use ending inventory)

image text in transcribed

A. 61.84 days

B. 62.79 days

C. 67.51 days

D. 42.97 days

E. 40.08 days.

66- What is the equity multiplier for 2015?

image text in transcribed

A. 1.48

B. 1.28

C. 1.66

D. 2.13

E. 2.99

67- What is the cash coverage ratio for 2015?

image text in transcribed

A. 11.06

B. 6.02

C. 13.79

D. 14.89

E. 8.78

68- What are the values of the three components of the DuPont identity for 2015?

image text in transcribed

A. 7.91%; 1.0248; 1.4806

B. 8.57%; 1.0248; .6754

C. 7.91%; .9758; 1.4806

D. 11.43%; .9758; .6754

E. 11.43%; 1.0248; 1.4806

69- Deep Falls Timber stock sold for $6.50 a share as of 2015. What was the price-earnings ratio at that time?

image text in transcribed

A. 17.12

B. 29.94

C. 12.82

D. 28.15

E. 19.64

70- Deep Falls Timber stock sold for $6.50 a share as of 2015. What was the price-earnings ratio at that time?

image text in transcribed

A. 17.12

B. 29.94

C. 12.82

D. 28.15

E. 19.64

Deep Falls Timber 2015 Income Statement $642,100 Net sales Cost of goods sold 409,800 Depreciation 138,400 93,900 EBIT Interest 15,600 Taxable income $78,300 Taxes 27,500 $ 50,800 Net income Dividends $12,700 Deep Falls Timber Balance Sheets as of December 31, 2014 and 2015 2015 2014 2015 2014 32,300 46,900 58,900 61,200 Cash Accounts payable 58,300 Notes payable 20,000 Accounts receivable 50,700 30,000 Long-term debt Inventory 70,500 75,800 134,700 164,500 Common stock and paid-in surplus Net fixed assets 504,500 461,000 ($1 par value) 220,000 200,000 224 400 Retained eamings 186,300 Total liabilities & $658,000 $642,000 $658,000 $642,000 Total assets owners' equity Deep Falls Timber 2015 Income Statement $642,100 Net sales Cost of goods sold 409,800 Depreciation 138,400 93,900 EBIT Interest 15,600 Taxable income $78,300 Taxes 27,500 $ 50,800 Net income Dividends $12,700 Deep Falls Timber Balance Sheets as of December 31, 2014 and 2015 2015 2014 2015 2014 32,300 46,900 58,900 61,200 Cash Accounts payable 58,300 Notes payable 20,000 Accounts receivable 50,700 30,000 Long-term debt Inventory 70,500 75,800 134,700 164,500 Common stock and paid-in surplus Net fixed assets 504,500 461,000 ($1 par value) 220,000 200,000 224 400 Retained eamings 186,300 Total liabilities & $658,000 $642,000 $658,000 $642,000 Total assets owners' equity Deep Falls Timber 2015 Income Statement $642,100 Net sales Cost of goods sold 409,800 Depreciation 138,400 93,900 EBIT Interest 15,600 Taxable income $78,300 Taxes 27,500 $ 50,800 Net income Dividends $12,700 Deep Falls Timber Balance Sheets as of December 31, 2014 and 2015 2015 2014 2015 2014 32,300 46,900 58,900 61,200 Cash Accounts payable 58,300 Notes payable 20,000 Accounts receivable 50,700 30,000 Long-term debt Inventory 70,500 75,800 134,700 164,500 Common stock and paid-in surplus Net fixed assets 504,500 461,000 ($1 par value) 220,000 200,000 224 400 Retained eamings 186,300 Total liabilities & $658,000 $642,000 $658,000 $642,000 Total assets owners' equity Deep Falls Timber 2015 Income Statement $642,100 Net sales Cost of goods sold 409,800 Depreciation 138,400 93,900 EBIT Interest 15,600 Taxable income $78,300 Taxes 27,500 $ 50,800 Net income Dividends $12,700 Deep Falls Timber Balance Sheets as of December 31, 2014 and 2015 2015 2014 2015 2014 32,300 46,900 58,900 61,200 Cash Accounts payable 58,300 Notes payable 20,000 Accounts receivable 50,700 30,000 Long-term debt Inventory 70,500 75,800 134,700 164,500 Common stock and paid-in surplus Net fixed assets 504,500 461,000 ($1 par value) 220,000 200,000 224 400 Retained eamings 186,300 Total liabilities & $658,000 $642,000 $658,000 $642,000 Total assets owners' equity Deep Falls Timber 2015 Income Statement $642,100 Net sales Cost of goods sold 409,800 Depreciation 138,400 93,900 EBIT Interest 15,600 Taxable income $78,300 Taxes 27,500 $ 50,800 Net income Dividends $12,700 Deep Falls Timber Balance Sheets as of December 31, 2014 and 2015 2015 2014 2015 2014 32,300 46,900 58,900 61,200 Cash Accounts payable 58,300 Notes payable 20,000 Accounts receivable 50,700 30,000 Long-term debt Inventory 70,500 75,800 134,700 164,500 Common stock and paid-in surplus Net fixed assets 504,500 461,000 ($1 par value) 220,000 200,000 224 400 Retained eamings 186,300 Total liabilities & $658,000 $642,000 $658,000 $642,000 Total assets owners' equity Deep Falls Timber 2015 Income Statement $642,100 Net sales Cost of goods sold 409,800 Depreciation 138,400 93,900 EBIT Interest 15,600 Taxable income $78,300 Taxes 27,500 $ 50,800 Net income Dividends $12,700 Deep Falls Timber Balance Sheets as of December 31, 2014 and 2015 2015 2014 2015 2014 32,300 46,900 58,900 61,200 Cash Accounts payable 58,300 Notes payable 20,000 Accounts receivable 50,700 30,000 Long-term debt Inventory 70,500 75,800 134,700 164,500 Common stock and paid-in surplus Net fixed assets 504,500 461,000 ($1 par value) 220,000 200,000 224 400 Retained eamings 186,300 Total liabilities & $658,000 $642,000 $658,000 $642,000 Total assets owners' equity Deep Falls Timber 2015 Income Statement $642,100 Net sales Cost of goods sold 409,800 Depreciation 138,400 93,900 EBIT Interest 15,600 Taxable income $78,300 Taxes 27,500 $ 50,800 Net income Dividends $12,700 Deep Falls Timber Balance Sheets as of December 31, 2014 and 2015 2015 2014 2015 2014 32,300 46,900 58,900 61,200 Cash Accounts payable 58,300 Notes payable 20,000 Accounts receivable 50,700 30,000 Long-term debt Inventory 70,500 75,800 134,700 164,500 Common stock and paid-in surplus Net fixed assets 504,500 461,000 ($1 par value) 220,000 200,000 224 400 Retained eamings 186,300 Total liabilities & $658,000 $642,000 $658,000 $642,000 Total assets owners' equity

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