Q1-31 If the Debt/Equity Ratio is 0.50. What is the Debt Ratio?…

QUESTION 1
1.
If the Debt/Equity Ratio is 0.50.
What is the Debt Ratio?

1 points
QUESTION 2
1.
If the Debt/Equity Ratio is 0.60.
What is the Debt Ratio?

1 points
QUESTION 3
1.
The Baker s Dozen has current
liabilities of $5,600, net working capital of $2,100, inventory of $3,900, and
sales of $13,500. What is the quick ratio? Assume pre-paid expenses are zero.

1 points
QUESTION 4
1.
ABC’s balance sheet indicates a
book value of shareholders’ equity of $796,549. The firm’s earning per share
are $2.4 and the price-earnings ratio is 12.73. If there are 50,104 shares
outstanding, what is the market-to-book ratio?
Enter your answer
rounded off to two decimal points.
Hint: Market
value per share is same as market price per share

1 points
QUESTION 5
1.
If the debt ratio is 0.20, the
Equity Multiplier is:

1.25

0.25

1.20

0.20

0.80

1.5

1 points
QUESTION 6
1.
A firm has total equity of
$70,312.50, a profit margin of 8 percent, an equity multiplier of 1.6, and a
total asset turnover of 1.3. What is the amount of the firm s sales?

$91,406

$112,500

$121,500

$137,500

$146,250

1 points
QUESTION 7
1.
The Jamestown Group has equity of
$421,000, sales of $792,000, and a profit margin of 6 percent. What is the
return on equity?

8.87
percent

6.19
percent

11.29
percent

10.27
percent

9.37
percent

1 points
QUESTION 8
1.
ABC’s balance sheet indicates a
book value of shareholders’ equity of $802,957. The firm’s earning per share
are $2.4 and the price-earnings ratio is 12.42. If there are 47,828 shares
outstanding, what is the book value per share?
Enter your answer
rounded off to two decimal points. Do not enter $ in the answer box.
Hint: Market
value per share is same as market price per share

1 points
QUESTION 9
1.
Wexford Hotels has sales of
$289,600, depreciation of $21,400, interest of $1,300, Operating Income of $23,269.70,
and a tax rate of 34 percent. What is the times interest earned ratio?

20

17.9

18.5

16

19.8

1 points
QUESTION 10
1.
ABC earned a net profit margin of
6% last year and had an equity multiplier of 2.5. If its total assets are $103
million and its sales are 192 million, what is the firm’s return on
equity?
Enter your answer
in percentages rounded off to two decimal points. Do not enter % in the answer
box.

1 points
QUESTION 11
1.
XYZ earned a net profit margin of
4.3% last year and had an equity multiplier of 3.6. If its total assets are $94
million and its sales are 147 million, what is the firm’s return on
assets?
Enter your answer
in percentages rounded off to two decimal points. Do not enter % in the answer
box.

1 points
QUESTION 12
1.
If the debt ratio is 0.60, the
Debt/Equity Ratio is:

1.25

0.25

1.20

0.20

0.80

1.5

1 points
QUESTION 13
1. ABC, Inc., has a market-to-book
ratio of 3, net income of $87,167, a book value per share of $15.5,
and 49,918 shares of stock outstanding. What is the price-earnings ratio?
Enter your answer rounded off
to two decimal points.

1 points
QUESTION 14
1.
If Roten, Inc., has a equity
multiplier of 1.75, total asset turnover of 1.30, and profit margin of 8.5
percent, what is the return on equity (ROE)?

19.34%

2.275%

1.75%

14.875%

1 points
QUESTION 15
1.
ABC Corporation has the following
ratios: Total Asset Turnover= 1.6 Total debt to total assets= 0.5 Current
Ratio= 1.7 Current Liabilities= $2,000,000 Sales = $16,000,000 What is the
amount of current assets?

2,000,000

3,200,000

3,400,000

1,000,000

1 points
QUESTION 16
1. Blackstone, Inc., has net income of $8,285, a tax rate of 31%, and
interest expense of $660. What is the times interest earned ratio?
Enter your answer rounded off
to two decimal points.

1 points
QUESTION 17
1.
ABC’s balance sheet indicates a
book value of shareholders’ equity of $704,728. The firm’s earning per share
are $3 and the price-earnings ratio is 11. If there are 44,840 shares
outstanding, what is the market value per share?
Enter your answer
rounded off to two decimal points. Do not enter $ in the answer box.
Hint: Market
value per share is same as market price per share.

1 points
QUESTION 18
1.
Smith Corporation has current
assets of $11,400, inventories of $4,000, and a current ratio of 2.6. What is
Smith s acid test ratio? Assume pre-paid expenses is zero.

1.69

0.54

0.74

1.35

1 points
QUESTION 19
1.
If the Debt/Equity Ratio is 0.80.
What is the Debt Ratio?

0.40

0.375

0.60

1

o.4444

1 points
QUESTION 20
1.
A firm has total assets of $682,000
and total equity of $424,000. What is the debt-equity ratio?

1.61

0.61

1.64

0.62

1 points
QUESTION 21
1.
Toast and Butter, Inc., has total
assets of $712,000 and an equity multiplier of 1.6. What is the debt-equity
ratio?

0.60

0.67

0.63

1.60

1.67

1 points
QUESTION 22
1.
A firm has net working capital of
$1,100 and current liabilities of $2,800. What is the current ratio?

.98

2.56

.39

.72

1.39

1 points
QUESTION 23
1.
XYZ has total sales of $209,
assets of $93, return on equity of 30%, and net profit margin of 5%. What is
the amount of equity?
Enter you answer
rounded off to two decimal points. Do not enter $ in the answer box.

1 points
QUESTION 24
1.
If the debt ratio is 0.75, the
Debt/Equity Ratio is:

0.75

0.25

1

5

1.75

3

1 points
QUESTION 25
1.
ABC has total sales of $181, assets
of $93, return on equity of 36%, and net profit margin of 9%. What is the debt
ratio?
Enter you answer
in percentages rounded off to two decimal points. Do not enter % in the answer
box.

1 points
QUESTION 26
1.
The ability of the firm to pay off
short-term obligations as they come due is indicated by:

My
Grade Point Average

Turnover
Ratios

Liquidity
Ratios

Profitability
Ratios

1 points
QUESTION 27
1.
Top Sound, Inc., has total assets
of $212,000, a debt-equity ratio of .6, and net income of $9,500. What is the
return on equity?

6.87
percent

7.17
percent

7.34
percent

7.50
percent

7.67
percent

1 points
QUESTION 28
1.
A firm has sales of $350,000, a
profit margin of 6 percent, a total asset turnover rate of 1.25, and an equity
multiplier of 1.4. What is the return on equity?

10.50
percent

7.50
percent

7.75
percent

11.11
percent

5.36
percent

1 points
QUESTION 29
1.
ABC’s Balance Sheet lists Current
Assets of $300, Current Liabilities of $200, Fixed Assets of $700, Long-Term
Debt of $400. ABC has 200 shares outstanding. What is the market-to-book ratio
(MTB) if the market price per share is $8?

4
times

400
times

2
times

8
times

0.25
times

1 points
QUESTION 30
1.
If the debt ratio is 0.80, the
Equity Multiplier is:

0.8

0.2

1

5

1.8

4

1 points
QUESTION 31
1.
XYZ earned a net profit margin of
7.4% last year and had an equity multiplier of 3.8. If its total assets are
$112 million and its sales are 129 million, what is the firm’s debt ratio?
Enter your answer
in percentages rounded off to two decimal points. Do not enter % in the answer
box.