Warning: include(/home/smartonl/royalcustomessays.com/wp-content/advanced-cache.php): failed to open stream: No such file or directory in /home/smartonl/royalcustomessays.com/wp-settings.php on line 95

Warning: include(): Failed opening '/home/smartonl/royalcustomessays.com/wp-content/advanced-cache.php' for inclusion (include_path='.:/opt/alt/php56/usr/share/pear:/opt/alt/php56/usr/share/php') in /home/smartonl/royalcustomessays.com/wp-settings.php on line 95
Finance Problems Set of 7 Questions – RoyalCustomEssays

Finance Problems Set of 7 Questions

You have been hired by the management of Alden, Inc.
September 26, 2018
FIN – Soaring Eagles Corp.
September 26, 2018

Question 1 (1 point)Question 1 UnsavedSoaring Eagles Corp. has total current assetsof $11,524,000, current liabilities of $5,696,000 and a quick ratio of 0.84.What is its level of inventory?Your Answer:Question 1 options:AnswerSaveQuestion 2 (1 point)Question 2 UnsavedBoulder Mountain Ski Company has total assets of $401,300,000 and a debt ratio of 0.26. Calculate the company’s debt-to-equity ratio.Your Answer:Question 2 options:AnswerSaveQuestion 3 (1 point)Question 3 UnsavedThe Timber Ridge Company has the following relationships:Sales/Total assets = 3.72; ROA = 0.1050What is Timber Ridge’s net profit margin?Your Answer:Question 3 options:AnswerSaveQuestion 4 (1 point)Question 4 UnsavedSawaya Company had depreciation and amortization expenses of $522,311, interest expenses of $114,077, and an EBITDA of $1,521,087 for the year ended June 30, 2010. What is the Times Interest Earned for this company?Question 4 options:13.3 times8.8 times.6 timesNone of the aboveSaveArchware Systems has total assets of $35.594billion, total debt of $9.678 billion, and net sales of $22.400 billion. Theirnet profit margin for the year was 0.21, while the operating profitmargin was 30 percent. What is Archware’s net income? (Answer needs to be stated in billions. For example: 2.83)AnswerWhich one of the following statements is NOT true?Question 6 options:DSO measures in days, the time the firm takes to convert its receivables into cash.One ratio that measures the efficiency of a firm’s collection policy is days’ sales outstanding.The accounts receivables turnover ratio measures how quickly the firm collects on its credit sales.The more days that it takes the firm to collect on its receivables, the more efficient the firm is.Blue Air Inc., has net sales of $769,000 and accounts receivables of $163,000. What are the firm’s accounts receivables turnover?Your Answer:Question 7 options:AnswerSaveJP Vineyards has sales of $869,000, a gross profit margin of 0.326, and inventory of $177,000. What is the company’s inventory turnover ratio?

Place Order