Week 2
Quiz 1
#1	A firm has
	Total Debt	$1,450
	Debt to equity	30%
#1	What is the value of the Total Assets?
	a	Total Assets =	$6,283.33
	b	Total Assets =	$6,832.33
	c	Total Assets =	$7,654.33
	d	Total Assets =	$5,876.33
#2	NBC has
	Sales	$2,880
	cost of goods sold	$2,220
	inventory	$516
	accounts receivable	$436
#2	How many days, on average, does it take NBC to sell its inventory?
	a	Days of Inventory =	84.84
	b	Days of Inventory =	48.48
	c	Days of Inventory =	75.75
	d	Days of Inventory =	65.65