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Use the following to answer questions 43-46 The following information pertains to Cashe Company. Assume that all balance sheet amounts represent both average and ending

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Use the following to answer questions 43-46 The following information pertains to Cashe Company. Assume that all balance sheet amounts represent both average and ending balance figures, Assume that all sales were on credit Assets Cash and short-term investments. Accounts receivable (net) Inventory Property, plant and equipment Total Assets $40,000 30,000 25,000 215.000 $310,000 Liabilities and Stockholders' Equity Current liabilities $60,000 95,000 155,000 $310.000 Long-term liabilities Stockholders' equity common Total Liabilities and Stockholders' Equity Income Statement Sales $90,000 45,000 45,000 20,000 $25,000 Cost of goods sold Gross margin Operating expenses Net income Number of shares of common stock Market price of common stock Dividends per share 6,000 $20 1.00 43. What is the return on assets for this company? A) 6.8% B) 10.5 % C) 8.1 % D) 16.1 % The 2016 S000 000 50 000 44. What is the profit margin for this company? A) 50.0% B) 55.6% C) 23.5% D) 27.8 % 20.000 35200 20 000 45. What is the return on common stockholders' equity for this company? A) 7.3% B) 16.1 % C) 23.5% D) 53.3 % 46. What is the price-earnings ratio for this company? A) 6 times B) 4.2 times C) 8 times D) 4.8 times

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