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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