Question 3

Cash is $500, inventory is $4,800, accounts receivable is $3,200 and current liabilities is $2,400. What is the quick ratio?

Question 3 options:

	1.67
	3.33
	3.54
	1.54
	0.77

Question 4

Company Alpha has current assets of $20,000; fixed assets of $60,000 therefore, total assets of $80,000. Current debt of $10,000, LTD of $40,000, common stock of $25,000 and retained Earnings of $5,000. The company expects next year growth to be 15% and a Pro Forma retention ratio of -$3,000. Find the Accounting EFN if Management controls everything except LTD.

Question 4 options:

	EFN = $1,000
	EFN = $9,000
	EFN = -$1,000
	EFN = -$9,000
	EFN = $10,000

Question 5

Company Alpha has current assets of $20,000; fixed assets of $60,000 therefore, total assets of $80,000. Current debt of $10,000, LTD of $40,000, common stock of $25,000 and retained Earnings of $5,000. The company expects next year growth to be 15% and a Pro Forma retention ratio of $10,000. Find Total Debt + Owners Equity if Management controls everything except LTD.

Question 5 options:

	$92,000
	$97,500
	$90,000
	$96,000
	-$96,000

Question 6

Calculate the financial sustainable EFN for company ABC if: Total Assets are $100,000, Sales are $200,000, Net Profit is $15,000, Dividend Payment is $10,000, the Total Debt is $60,000, the Total Equity is $40,000 and the growth is 5%.

Question 6 options:

	$26,251.32
	$5,000
	-$8,123.69
	$20,251.32
	-$10,000