FIN homework
Other
| SDJ, Inc., has net working capital of $3,320, current liabilities of $4,270, and inventory of $4,170. |
| What is the current ratio? (Round your answer to 2 decimal places. (e.g., 32.16)) |
| Current ratio | times |
| What is the quick ratio? (Round your answer to 2 decimal places. (e.g., 32.16)) |
| Quick ratio | times |
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The Cape Corporation has ending inventory of $482,850, and cost of goods sold for the year just ended was $4,548,447. |
| What is the inventory turnover? (Round your answer to 2 decimal places. (e.g., 32.16)) |
| Inventory turnover | times |
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What is the days’ sales in inventory? (Use 365 days a year. Round your answer to 2 decimal places. (e.g., 32.16)) |
| Days’ sales in inventory | days |
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How long on average did a unit of inventory sit on the shelf before it was sold? (Use 365 days a year. Round your answer to 2 decimal places. (e.g., 32.16)) |
| Inventory days on shelf | days |
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Kindle Fire Prevention Corp. has a profit margin of 5.6 percent, total asset turnover of 1.8, and ROE of 20.14 percent. What is this firm’s debt–equity ratio? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) |
| Debt–equity ratio |
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Isolation Company has a debt–equity ratio of 0.70. Return on assets is 7.6 percent, and total equity is $450,000. |
| What is the equity multiplier? (Round your answer to 2 decimal places. (e.g., 32.16)) |
| Equity multiplier |
| What is the return on equity? (Round your answer to 2 decimal places. (e.g., 32.16)) |
| Return on equity | % |
| What is the net income? |
| Net income | $ |
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A company has net income of $191,000, a profit margin of 9.4 percent, and an accounts receivable balance of $130,370. Assuming 70 percent of sales are on credit, what is the company’s days’ sales in receivables?(Use 365 days a year. Do not round intermediate calculation and round your final answer to 2 decimal places. (e.g., 32.16)) |
| Days’ sales in receivables | days |
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