Vigo Vacations has $200 million in total assets, $4.5 million in notes payable, and $22.5 million in long-term debt. What is the debt ratio? Round your answer to two decimal places.

Winston Washers's stock price is $95 per share. Winston has $10 billion in total assets. Its balance sheet shows $1 billion in current liabilities, $3 billion in long-term debt, and $6 billion in common equity. It has 850 million shares of common stock outstanding. What is Winston's market/book ratio? Round your answer to two decimal places. Do not round intermediate calculations.

Reno Revolvers has an EPS of $2.10, a cash flow per share of $2.75, and a price/cash flow ratio of 5.0. What is its P/E ratio? Round your answer to two decimal places.

Needham Pharmaceuticals has a profit margin of 2.5% and an equity multiplier of 2.5. Its sales are $110 million and it has total assets of $40 million. What is its Return on Equity (ROE)? Round your answer to two decimal places.

Profit Margin and Debt Ratio

Assume you are given the following relationships for the Haslam Corporation:

Sales/total assets	1.9
Return on assets (ROA)	3%
Return on equity (ROE)	9%

Calculate Haslam's profit margin. Do not round intermediate calculations. Round your answer to two decimal places. %

Calculate Haslam's liabilities-to-assets ratio. Do not round intermediate calculations. Round your answer to two decimal places. %

Suppose half of Haslam's liabilities are in the form of debt. Calculate the debt-to-assets ratio. Do not round intermediate calculations. Round your answer to two decimal places.

%

Current and Quick Ratios

The Nelson Company has $1,650,000 in current assets and $550,000 in current liabilities. Its initial inventory level is $330,000, and it will raise funds as additional notes payable and use them to increase inventory.

How much can Nelson's short-term debt (notes payable) increase without pushing its current ratio below 1.3? Round your answer to the nearest cent.

$

What will be the firm's quick ratio after Nelson has raised the maximum amount of short-term funds? Round your answer to two decimal places.