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There are 3 questions attached, I am looking to review and compare my answers. The questions are from the Financial Management class mixed with a

There are 3 questions attached, I am looking to review and compare my answers. The questions are from the Financial Management class mixed with a few accounting, ratios, etc. Thank you :)

1)

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Hugh Snore Bedding has assets of $5,280,000 and turns over its assets 2.6 times per year. ROA is 6 percent. What is the firm's profit margin? (Round the answer to 2 decimal places.) Prot margin 96 The balance sheet for Bryan Corporation is given below. Sales for the year were $3,180,000, with 75 percent of sales sold on credit. BRYAN CORPORATION Balance Sheet Dec. 31, ZOXX Assets Liabilities and Equity Cash $45,888 Accounts payable $298,888 Accounts receivable 338,888 Accrued taxes 45,888 Inventory 428,888 Bonds payable (long term) 298,888 Plant and equipment 438,888 Common stock 428,888 Retained earnings 239:999 Total assets $1,325,888 Total liabilities and equity $1,325,888 Compute the following ratios: (Use 365 days in a year. Do not round intermediate calculation. Round the final answers to 2 decimal places.) Current ratio Quick ratio Debt-to-total-assets ratio H N X X Asset turnover "Juno-m Average collection period days Incubus Corporation began with an investment by shareholders of $32,000. a. In its first year, its income showed a deficit of $6,200. What would the equity section of its balance sheet show at year end? (Negative answers should be indicated by a minus sign. Omit $ sign in your response.) Common stock Retained earnings Total Stockholders' Equity b. In the second year, it had income of $16,800 and a dividend of $5,200 was paid. What would the equity section of its balance she show at year end? Common stock Retained earnings Total Stockholders' Equity c. In the third year, Incubus sold more shares for a value of $16,000, earned income of $11,200, and paid a dividend of $5,200. What would the equity section of its balance sheet show at year end? Common stock Retained earnings Total Stockholders' Equity $

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