Question: Determine a solution for each problem. Unless specifically instructed to do otherwise, enter your final numerical answer on the THPS-3 Answer Submission Form on iCollege.
Determine a solution for each problem. Unless specifically instructed to do otherwise, enter your final numerical answer on the THPS-3 Answer Submission Form on iCollege. Enter dollar answers rounded to the nearest cent, without a dollar sign and without any commas (for example, enter $3,210.35987 as 3210.36); enter percent answer rounded to 1 decimal place, without a percent sign and without any commas (for example, enter 0.274324 = 27.4324% as 27.4). If your answer is a negative amount, put a hyphen before your number with no space between the hyphen and the number. For example, enter negative 72.3984 as -72.4.
21.If a firm has $100 in inventories, a current ratio equal to 0.8, and a quick ratio equal to 0.4, what is the firm's Net Working Capital?
22.JoelEmbi, Inc. has an ROA (return on assets) of 18.2 percent, total assets of $12,000,000 and a net profit margin of 4.6 percent. What are JoelEmbi, Inc.s annual sales? Enter your answer a whole number (i.e., rounded to zero decimal places.
23.JimmyButle, LLC. has a debt-to-total assets ratio of 72.4%. What is the companys debt-to-equity ratio?
Enter your answer as a ratio (that is, do not convert to a percent), rounded to 2 decimal places.
24.JohCol, Inc has a debt ratio of 26.8% and ROE = 14.6%. What is JohCol, Inc.s ROA? Enter your answer as a percent rounded to 1 decimal place.
25. PauGeo, Inc. has an ROA of 24% and a debt/equity ratio of 2.22. The firm's ROE is _________. Enter answer as a percent rounded to 1 decimal place.
26. Assume that TraeYoung, Inc. has:
Debt ratio = 30%
Net profit margin = 8.5%
Return on assets (ROA) = 24%
Find TraeYoungs Total Asset Turnover ratio. Enter answer as a ratio (that is, do not convert to a percent), rounded to 2 decimal places.
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