Use the following information to answer Questions 5 - 23.

	Year 2014	Year 2015		Year 2014	Year 2015
Cash	140	210	Accounts payable	320	280
Accounts receivable	340	380	Notes payable	400	300
Inventory	550	590	Long-term debt	1,100	1,400
Net fixed assets	3,600	3,500	Common stock	1,200	980
			Retained earnings	1,610	1,720
Total assets	4,630	4,680	Total liab & Total equity	4,630	4,680

Year 2015

Sales	6,230
Cost of goods sold	4,720
Depreciation	440
Interest	75
Taxes	350
Net income	645
Number of shares outstanding	100

1. What is the current ratio in 2015?

a. 0.02

b. 13.07

c. 1.73

d. 2.03

e. 41.31%

2. What is the quick ratio in 2015?

a. 1.02

b. 14.06

c. 2.05

d. 1.74

e. 42.32%

3. What is the total debt ratio in 2015?

a. 3.13

b. 1.92

c. 12.57

d. 42.31%

e. 2.83

What is the equity multiplier in 2015?

a. 24.13%

b. 1.09

c. 2.93

d. 10.70

e. 1.73

What is the times-interest-earned ratio in 2015? a. 7.73 b. 3.02 c. 9.03 d. 14.27 e. 2.31%

What is the cash coverage ratio in 2015? a. 14.27 b. 14.27% c. 26 d. 20.13 e. 20.13%

What is the days' sales in inventory in 2015? a. 19.92 days b. 21.65 days c. 45.63 days d. 34.74 days e. 59.02 days

What is the days' sales in receivables in 2015? a. 22.27 days b. 42.53 days c. 59.02 days d. 27.65 days e. 34.74 days

What is the days' sales in payables in 2015? a. 19.92 days b. 21.65 days c. 42.53 days d. 59.02 days e. 34.74 days

What is the total asset turnover in 2015? a. 1.33 b. 0.24 c. 0.10 d. 3.78 e. 0.14

What is the profit margin in 2015? a. 0.24 b. 0.14 c. 3.89 d. 1.33 e. 0.10 0.5

What is the return on assets in 2015? a. 1.33 b. 0.54 c. 3.84 d. 0.10 e. 0.14

What is the return on equity in 2015? a. 0.24 b. 1.33 c. 0.10 d. 3.38 e. 0.04

What is the price-earnings ratio in 2015 if the stock price is $25 per share? a. 3.88 b. 0.14 c. 1.33 d. 0.10 e. 0.24

What is the maket-to-book ratio in 2015 if the stock price is $45 per share? a. 2.62 b. 4.59 c. 1.67 d. 1.10 e. 3.97

What is the enterprise value multiple in 2015 if the stock price is $45 per share? a. 3.97 b. 1.67 c. 4.59 d. 2.62 e. 1.10

What is the dividend payout ratio in 2015? a. 0.83 b. 0.04 c. 0.39 d. 0.02 e. 0.67

What is the internal growth rate in 2015? a. 0.83 b. 0.02 c. 0.04 d. 0.67 e. 0.39

What is the sustainable growth rate in 2015? a. 0.67 b. 0.83 c. 0.02 d. 0.04 e. 0.39