Question 1 The following information pertains to Swifty Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments Accounts receivable (net) Inventory Property, plant and equipment Total Assets $ 43000 20000 25000 210000 $298000 Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity-common Total Liabilities and Stockholders' Equity $ 55000 118000 125000 $298000 $ 85000 46000 Income Statement Sales revenue Cost of goods sold Gross margin Operating expenses Net income 39000 21000 $ 18000 Number of shares of common stock Market price of common stock Dividends per share on common stock Cash provided by operations 6000 $22 0.90 $30000 What is the return on common stockholders' equity for this company? 14.4% 6.1% 24.4% 54.4% Question 8 The following information pertains to Coronado Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments $ 47000 Accounts receivable (net) 33000 Inventory 25000 Property, plant and equipment 220000 Total Assets $325000 Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity-common Total Liabilities and Stockholders' Equity $ 50000 124000 151000 $325000 $ 112000 64000 Income Statement Sales revenue Cost of goods sold Gross margin Operating expenses Net income 48000 30000 $ 18000 Number of shares of common stock Market price of common stock Dividends per share on common stock Cash provided by operations 5500 $15 0.40 $35500 What is the current ratio for this company? 1.44 1.60 2.10 0.94 Question 10 The following information pertains to Sunland Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments Accounts receivable (net) Inventory Property, plant and equipment Total Assets $ 40000 24000 20000 215000 $299000 Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity-common Total Liabilities and Stockholders' Equity $ 61000 92000 146000 $299000 $ 84100 44200 Income Statement Sales revenue Cost of goods sold Gross margin Operating expenses Net income 39900 21000 $ 18900 Number of shares of common stock Market price of common stock Dividends per share on common stock Cash provided by operations 7000 $22 0.90 $30300 What is the inventory turnover for this company? 1.96 times 2.21 times 0.96 times 0.40 times Question 12 The following information pertains to Marigold Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments Accounts receivable (net) Inventory Property, plant and equipment Total Assets $ 45000 31000 30000 202000 $308000 Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity-common Total Liabilities and Stockholders' Equity $ 57000 96000 155000 $308000 $ 120000 68000 Income Statement Sales revenue Cost of goods sold Gross margin Operating expenses Net income 52000 28000 $ 24000 Number of shares of common stock Market price of common stock Dividends per share on common stock Cash provided by operations 6000 $22 0.5 $30000 What is the price-earnings ratio for this company? 1.9 times 1.5 times 4.1 times 5.5 times