Question

If Current Assets equal $900,000, Current liabilities equal $400,000, and inventories equal $300,000, what is the...

If Current Assets equal $900,000, Current liabilities equal $400,000, and inventories equal $300,000, what is the quick ratio?

A.

1.00
B.

1.25
C.

1.50
D.

1.75

If EBIT is $1.3 million, net income is $750,000, and sales are $18 million, what is the operating margin?

A.

4.17%
B.

9.32%
C.

12.56%
D.

18.12%

  1. The company balance sheet gives a "snapshot" of a company's assets and who has claims on them on a given date.

    True

    False

2 points   

QUESTION 6

  1. Trend Analysis refers to an analysis of a firm's financial ratios over time.

    True

    False

QUESTION 32

  1. If the price of the stock is $20, dividends per share are $4.00 and EPS are $2.00, what is the P/E ratio?

    A.

    2
    B.

    5
    C.

    10
    D.

    12

2 points   

QUESTION 33

  1. Mr. and Mrs. Jones buy a house for $485,000. If the house appreciates at 5% annually, what would be the value of the house in 15 years?

    A.

    $567.234
    B.

    $679.241
    C.

    $867,565
    D.

    $1.008.280
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Homework Answers

Answer #1

I can only answer 1 question at a time, so I am answering only all parts of question 1.

(Option C.)

= 7.22%

The company balance sheet gives a "snapshot" of a company's assets and who has claims on them on a given date - True (This is what is the definition of balance sheet).

Please do rate me and mention doubts, if any, in the comments section.

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