Question
Question 1 (1 point) 1.SDJ, Inc., has net working capital of $1290, current liabilities of $9200, and inventory of $1320. What is the current ratio?
1.SDJ, Inc., has net working capital of $1290, current liabilities of $9200, and inventory of $1320. What is the current ratio?
2.SDJ, Inc., has net working capital of $1290, current liabilities of $7200, and inventory of $1770. What is the quick ratio?
3.Here and Gone, Inc., has sales of $23210000, total assets of $12160000, and total debt of $3460000. If the profit margin is 9 percent, what is net income?
4. Here and Gone, Inc., has sales of $19748000, total assets of $10760000, and total debt of $4020000. If the profit margin is 14 percent, what is ROA? Enter the answer with 4 decimal places (e.g. 0.1234).
5. Here and Gone, Inc., has sales of $21331000, total assets of $12440000, and total debt of $3320000. If the profit margin is 7 percent, what is ROE? Enter the answer with 4 decimal places (e.g. 0.1234).
6. Pujols Lumber Yard has a current accounts receivable balance of $210175. Credit sales for the year just ended were $5311000. How long did it take on average for credit customers to pay off their accounts during the past year? (Enter the answer with 2 decimal places (e.g. 23.45)
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