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Question 38 (Mandatory) (1 point) You have the following information on Zip's Diner, Inc.: sales to working capital = 8 times, profit margin = 5
Question 38 (Mandatory) (1 point) You have the following information on Zip's Diner, Inc.: sales to working capital = 8 times, profit margin = 5 percent, net income available to common stockholders = $20 million, and current liabilities = $4 million. What is the firm's balance of current assets? $54m $46m $6.5m $4.125m Question 39 (Mandatory) (1 point) Lab R Doors' year-end price on its common stock is $40. The firm has total assets of $75 million, the debt ratio is 60 percent, there is no preferred stock, and there are 4 million shares of common stock outstanding. Calculate the market-to-book ratio for Lab R Doors. 5.33 10.00 2.13 3.20
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