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Please review the following Finance and Accounting information to calculate main ratios and answer the questions. Intangible assets: Trademark Goodwill Total intangible assets Total assets

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Please review the following Finance and Accounting information to calculate main ratios and answer the questions. Intangible assets: Trademark Goodwill Total intangible assets Total assets $148 , 900 11 , 500 ? ' Labilities and Owners' Equity Current liabilities: Accounts payable Notes payable Accrued expenses Income taxes payable Current portion of long-term debt Total current liabilities $60 , 150 Long-term liablities: Bank loan for bakery equipment $10 , 000 Total long-term li Total llabilities 10,000 570,150 Owners' equity: Common shares ( 10 , 000 shares outstanding) Retained earnings Total owners' equity Total liabilities and owners' equity \begin{tabular}{rr} $30 , 000 & \\ 48,750 & \\ 78,750 \\ \hdashline & $748 , 900 \\ \hline \end{tabular} Dellelente neccerts. Inc. Dellclous Desserts, INC. Statement of Cash Flows for 2011 What is the current ratio? Select one: a. 0.28 b. 2.28 C. 1.38 d. 2.12 What is the inventory turnover? Select one: a. 6.8 turns b. 8.5 turns c. 7.5 turns d. 8.8 turns What is Debt to Equity? Select one: a. 123% b. 89% c. 76% d. 234% What is Debt to Assets? Select one: a. 44% b. 129% c. 51% d. 47% What is Return on Equity? Select one: a. 107% b. 55% c. 88% d. 41% What is Return on Assets? Select one: a. 79% b. 22% c. 39% d. 31% What is Earnings per Share (EPS)? Select one: a. $1.43 b. $0.66 c. $3.22 d. $4.29 What is working capital? Select one: a. $23 , 050 b. 138% c. $78 , 750 d. $13 , 050 What would be the most likely source for additional financing? Select one: a. issue more shares from treasury b. bankloan c. private placement d. public share offering How many new sales reps should the firm hire given current results? Select one: a. 0 b. 1 c. 2 d. 3

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