a. If the prot margin is 9 percent, what is the net income? Net income $1,800,000 $2,430,000 $2,520,000 $2,610,000 $2,700,000 b. What is the RDA? 13.50% 28.57% 33.75% 8.68% 9.64% c. What is the ROE? 12.15% 13.50% 28.57% 33.75% Y3K, Incorporated, has sales of $4,300, total assets of $3,330, and a debt-equity ratio of 1.20. If its return on equity is 11 percent, what its net income? Multiple Choice 0 $16650 $473.00 $37.56 $12834 0000 $36630 A company has net income of $186,000, a prot margin of 9.50 percent, and an accounts receivable balance of $106,664. Assuming 78 percent of sales are on credit, what is the company's days' sales in receivables? Multiple Choice 0 25.49 days 34.99 days 5.61 days 26.77 days 19.88 days 0000 The Maurer Company has a longterm debt ratio of .50 and a current ratio of 1.30. Current liabilities are $920, sales are $5,155, prot margin is 9.60 percent, and ROE is 18.60 percent. What is the amount of the rm's net xed assets? Multiple Choice 0 $6,241.29 $2,660.65 $3,580.65 $3,325.81 $5,045.29 0000 Pop Evil, Incorporated's, net income for the most recent year was $10,100. The tax rate was 21 percent. The rm paid $3,430 in total interest expense and deducted $2,125 in depreciation expense. What was the cash coverage ratio for the year? Multiple Choice O 5.35 times 6.42 times 10.35 times 5.15 times 6.85 times 0 O O O Highly Suspect Corporation has current liabilities of $416,000, a quick ratio of 1.40, inventory turnover of 3.50, and a current ratio of 3.60. What is the cost of goods sold for the company? Multiple Choice O $582,400 $3,203,200 $1,144,000 $5,241,600 $1,281,280 0 O O O Twist Corporation has a current accounts receivable balance of $327,615. Credit sales for the year just ended were $2,954,600. a. What is the receivables turnover? Receivables turnover 0.11 times 7.21 times 8.12 times 9.02 times 9.92 times b. What is the days' sales in receivables? Days' sales in receivables 32.38 days 36.42 days 40.47 days 44.52 days 48.56 daysQueen, Incorporated, has a total debt ratio of .22. a. What is its debt-equity ratio? Debt-equity ratio 0. 18 0.28 3.19 3.55 5.55 b. What is its equity multiplier? Equity multiplier 1.18 1.28 4.19 4.55 6.55If Roten Rooters, Incorporated, has an equity multiplier of1.44, total asset turnover of 1.36, and a profit margin of 850 percent. What is its ROE? Multiple Choice 0 183196 5.09% 15.98% 166596 14.98% 0000 Jack Corporation has a prot margin of 10.70 percent, total asset turnover of 1.47, and ROE of 18.65 percent. What is the rm's debt-equity ratio? Multiple Choice O 0.19 0.03 0.84 0.17 0.21 O O O O Based only on the following information for Thrice Corporation, did cash go up or down? By how much? Classify each event as a source or use of cash. Decrease in inventory $ 460 Decrease in accounts payable 140 Increase in notes payable 640 Increase in accounts receivable 290 Multiple Choice 0 Cash decreased by $670 Cash increased by $670 Cash increased by $1,250 Cash decreased by $1,530 0 O O 0 Cash increased by $950 equity is $537,000. a. What is the equity multiplier? Equity multiplier 1.55 0.45 2.00 9.75 8.65 b. What is the return on equity? Return on equity 14.26% 5.94% 10.75% 7.65% 9.75% c. What is the net income? Net income $ 76,576 $3,765,778 $ 832,350 $ 81,576 $ 69,576Just Dew It Corporation reports the following balance sheet information for 2017 and 2018. JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets 2017 2018 Liabilities and Owners' Equity 2017 2018 Current assets Current liabilities Cash $ 10,650 $ 10,700 Accounts payable $ 73,500 $ 63,500 Accounts receivable 28,050 27,350 Notes payable 45.250 48.000 Inventory 64,400 65,000 Total $ 118,750 $ 111,500 Total $ 103, 100 $ 103,050 Long-term debt $ 58,800 $ 62,100 Owners' equity Common stock and paid-in surplus $ 90,000 $ 90,000 Fixed assets Retained earnings 162,550 184.450 Net plant and equipment $ 327,000 $ 345,000 Total $ 252,550 $ 274.450 Total assets $ 430, 100 $ 448.050 Total liabilities and owners' equity $ 430,100 $ 448.050 Based on the balance sheets given for Just Dew It, calculate the following financial ratios for the year 2017. a. Current ratio Current ratio b. Quick ratio Quick ratio c. Cash ratiod. NWC to total assets ratio NWC ratio e. Debt-equity ratio and equity multiplier Debt-equity ratio and Equity multiplier f. Total debt ratio and long-term debt ratio Total debt ratio and Long-term debt ratio Based on the balance sheets given for Just Dew It, calculate the following financial ratios for the year 2018.a. Current ratio Current ratio b. Quick ratio Quick ratio c. Cash ratio Cash ratio d. NWC to total assets ratioe. Debt-equity ratio and equity multiplier Debt-equity ratio and Equity multiplier f. Total debt ratio and long-term debt ratio Total debt ratio and Long-term debt ratio