1. usethefollowinginformationtoanswerthequestionsinthisquiz:

2. Howmanydaysonaveragedoesittaketocollectreceivables?(Use2012values)

   A.	17.08days
   B.	19.34days
   C.	27.07days
   D.	33.70days

6 points

QUESTION 2

1. What is debt-equity ratio? (Use 2012 values)

   A.	0.99
   B.	0.91
   C.	1.22
   D.	1.55

6 points

QUESTION 3

1. What is the cash coverage ratio for 2012?

   A.	7.48
   B.	9.18
   C.	11.18
   D.	33.22

6 points

QUESTION 4

1. What is the return on equity? (Use 2012 values)

   A.	15.64%
   B.	12.34%
   C.	10.34%
   D.	5.38%

6 points

QUESTION 5

1. What is the company's Profit Margin for 2012

   A.	24.65%
   B.	2.67%
   C.	6.92%
   D.	8.87%

6 points

QUESTION 6

1. What is the Current Ratio for 2012?

   A.	4.22
   B.	1.93
   C.	.98
   D.	.23

6 points

QUESTION 7

1. What is the Quick Ratio for 2012?

   A.	.54
   B.	1.23
   C.	2.33
   D.	.45

6 points

QUESTION 8

1. What is the Book Value for 2012?

   A.	$578,900
   B.	$33,900
   C.	$234,566
   D.	$271,800

6 points

QUESTION 9

1. What is the Return on Assets (ROA) for 2012?

   A.	2.45%
   B.	45.34%
   C.	4.57%
   D.	7.84%

6 points

QUESTION 10

1. What is the Return on Equity for 2012?

   A.	7.89%
   B.	15.64%
   C.	6.55%
   D.	56.76%

Cash 7,000 Accounts rec. 54,100 400 Inventory , Sub-total $260,500 Net fixed assets 261 00 Total $521,800 Galaxy United, Inc. 2011 and 2012 Balance Sheets i 16,500 Accounts payable 56,700 Long-term debt M Common stock" $259,900 Retained earnings M $542,000 Total *The par value of the common stock is $1 per share. 11 $128,600 $13 4, 700 147,500 135,500 125,000 140,000 700 131,800 $521,800 $542,000 Galaxy United, Inc. 2012 Income Statement Net sales $614,100 Less: Cost of goods sold 521,400 Less: Depreciation 11,200 Earnings before interest and taxes 81,500 Less: Interest paid 10,100 Taxable Income $71,400 Less: Taxes 28,900 Net income $42,500