Refer to the Hardister Corp. information above. Hardister's current ratio is: (round to two decimal places)

		3.33
		.67
		.50
		2.00

1. Refer to the Hardister Corp. information above. Hardister's debt-to-equity ratio is: (round to two decimal places)

   		.50
   		.43
   		.75
   		.25

2. Refer to the Hardister Corp. information above. Hardister's times-interest-earned ratio is: (round to two decimal places)

   		8.00
   		9.00
   		6.00
   		5.00

3. Refer to the Hardister Corp. information above. Assuming Hardister has no preferred stock and the average number of common shares outstanding was 10,000, what would be earnings per share for 2009? (round to two decimal places)

   		$80.00
   		$.02
   		$50.00
   		$300.00

4. Refer to the Hardister Corp. information above. Assuming Hardister had total assets at the end of 2008 of $800,000 and an income tax rate of 37.5 percent, what would be return on assets for 2009? (round to the nearest whole percent)

   		63%
   		43%
   		57%
   		59%

5. Refer to the Hardister Corp. information above. At the end of 2009, Hardister's common stock was listed on the stock exchange as having a market price of $65 per share and there are 10,000 shares outstanding. Hardister has no preferred stock. What would be Hardister's price earnings (P/E) ratio for 2009? (round to two decimal places)

   		7.69 to 1
   		12.31 to 1
   		1.30 to 1
   		.77 to 1

Hardister Corp. has the following information available from its financial statements for 2009: Income statement information: Balance sheet information: Assets Current assets Long-term assets Total assets $ 400,000 600.000 $1.000.000 Sales (all on account) Cost of goods sold Salary expense Miscellaneous expenses Interest expense Income before taxes Income tax expense Net income $3,000,000 1,500,000 200,000 400,000 100.000 $ 800,000 300.000 $ 500.000 Liabilities Current liabilities Long-term liabilities Total liabilities $ 200.000 100.000 $ 300,000 Stockholders' Equity Capital stock Retained earnings Total Stockholders' Equity $ 300,000 400,000 $700.000