1. What is the firm's quick ratio?

a. 0.51

b. 0.64

c. 0.76

d. 0.92

e. 1.10

2. What is the firm's total assets turnover?

a. 1.12

b. 1.40

c. 1.75

d. 2.10

e. 2.52

3. What is the firm's TIE?

a. 2.20

b. 2.45

c. 2.72

d. 3.02

e. 3.33

4. What is the firm's ROA?

a. 3.62%

b. 3.98%

c. 4.37%

d. 4.81%

e. 5.29%

5. What is the firm's ROE?

a. 13.21%

b. 13.91%

c. 14.60%

d. 15.33%

e. 16.10%

6. What is the firm's BEP?

a. 7.50%

b. 7.90%

c. 8.31%

d. 8.73%

e. 9.16%

7. What is the firm's operating margin?

a. 3.12%

b. 3.46%

c. 3.85%

d. 4.28%

e. 4.75%

8. What is the firm's EPS (NI/# of shares)?

a. $3.26

b. $3.43

c. $3.62

d. $3.80

e. $3.99

9. What is the firm's book value per share?

a. $22.29

b. $23.47

c. $24.70

d. $26.00

e. $27.30

10. What is the firm's equity multiplier?

a. 3.85

b. 4.04

c. 4.24

d. 4.45

e. 4.68

The balance sheet and income statement shown below are for Alcoa Firm. BALANCE SHEET (Millions of $) Assets 2007 Cash and securities Accounts receivable Inventories $ 2,500 11,500 16,000 Total current assets $30,000 $20,000 Net plant and equipment Total assets $50,000 Liabilities and Equity Accounts payable $ 9,500 Notes payable 7,000 Accruals 5,500 Total current liabilities $22,000 Long-term bonds $15,000 Total debt $37,000 Common stock $ 2,000 Retained earnings 11,000 Total common equity $13,000 Total liabilities and equity $50,000 INCOME STATEMENT (Millions of $) 2007 Net sales $87,500 Operating costs except depreciation 81,813 Depreciation 1,531 Earnings before interest and taxes (EBIT) $ 4,156 Less interest 1,375 Earnings before taxes (EBT) Taxes $ 2,781 973 Net income $ 1,808 Other data: Shares outstanding (millions) 500.00 Common dividends $632.73 6.25% Int rate on notes payable & L-T bonds Federal plus state income tax rate Year-end stock price 35% $43.39