Question: 1. From the chart below, what is the correct Current Ratio? Current Assets $1,350 Total Assets $2,500 Operating Profit $475 Debt $975 Net Income $300

1.

From the chart below, what is the correct Current Ratio?

Current Assets $1,350
Total Assets $2,500
Operating Profit $475
Debt $975
Net Income $300
Inventory $450
Cost of Goods Sold $525
Sales $1,350
Current Liabilities $800
Total Equity $1,525
Total Liabilities and owners equity $2,500

3.13

.54

1.69

3.00

2.

From the chart below, what is the correct Quick Ratio?

Current Assets $1,350
Total Assets $2,500
Operating Profit $475
Debt $975
Net Income $300
Inventory $450
Cost of Goods Sold $525
Sales $1,350
Current Liabilities $800
Total Equity $1,525
Total Liabilities and owners equity $2,500

.82

1.03

1.13

2.56

3.

From the chart below, what is the correct Operating Return on Assets percentage?

Current Assets $1,350
Total Assets $2,500
Operating Profit $475
Debt $975
Net Income $300
Inventory $450
Cost of Goods Sold $525
Sales $1,350
Current Liabilities $800
Total Equity $1,525
Total Liabilities and owners equity $2,500

19%

29%

31%

35%

4.

From the chart below, what is the correct Debt Ratio?

Current Assets $1,350
Total Assets $2,500
Operating Profit $475
Debt $975
Net Income $300
Inventory $450
Cost of Goods Sold $525
Sales $1,350
Current Liabilities $800
Total Equity $1,525
Total Liabilities and owners equity $2,500

39%

72%

25%

32%

From the chart below, what is the correct Return on Equity percentage?

Current Assets $1,350
Total Assets $2,500
Operating Profit $475
Debt $975
Net Income $300
Inventory $450
Cost of Goods Sold $525
Sales $1,350
Current Liabilities $800
Total Equity $1,525
Total Liabilities and owners equity $2,500

508%

2%

12%

20%

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