1. Use the following on Ramos Corp. for the next three questions

2. 2019 2018 2017

3. 1. Sales $178,400 $162,500 $155,500

      Cost of goods sold 115,000 102,500 100,000

      Operating Expenses 50,000 50,000 45,000

      Net Income 13,400 10,000 10,500

   2. In a common size income Statement For Ramos for 2019, the operating expenses are expressed as

      1. 28%

   3. 31%

   4. 63%

   5. 64%

   7. Question 13 : What is the 2018 Gross Margin for Ramos?

      1. 29%

      2. 31%

      3. 36%

      4. 37%

• Question 14

  What is the change in Sales for Ramos between 2019 and 2018?

  1. 34.0%

  2. 9.8%

  3. 4.5%

  4. -4.5%

• Question 15

  2 Points

  Market equity beta measures the covariability of a firm's returns with the returns of

  1. all industry competitors in the market.

  2. risk free securities.

  3. all securities in the market

  4. all firms of comparable market value

• Question 16

  2 Points

  Which statement would be most consistent with the Treasury Stock Method of calculating diluted earnings per share:

  1. The current market price of a Company's common shares has no bearing on the calculation of earnings per share

  2. The best possible investment for a company is in its own common shares.

  3. The main concern with the Treasury Stock Method is that it is always anti-dilutive to per share earnings.

  4. It is more conservative to use basic shares outstanding than diluted share outstanding when calculating EPS.