EXCEL sheet can be found here http://www.keepandshare.com/doc3/view.php?id=69398&da=y

Question 2 Which of the following is a debt-coverage ratio?

Inventory Turnover

Earnings per share

Return on Equity

Times-interest-earned

Question 3 If company A showed a capital assets turnover of 4.8 times and the industry average is 5.1 times, how does the company compare to the industry average?

Investors prefer lower capital asset turnovers.

A turnover of 4.8 means that each dollar of revenue requires an investment of $4.80 in capital assets.

To increase the capital assets turnover ratio, the company should increase capital assets while keeping revenue steady.

The companys turnover is worse than the industry average.

Question 4 Based on your analysis of Oswald's Common Stock account, which of the following appears to be true

Oswald's has been repurchasing (and cancelling) shares of their company's stock on net and is experiencing cash outflows as a direct result.

Oswald's has been issuing new shares of their company's stock on net and is receiving cash inflows as a direct result

Oswald's has been issuing new shares of their company's stock on net and is experiencing cash outflows as a direct result.

Oswald's has been repurchasing (and cancelling) shares of their company's stock on net and is receiving cash inflows as a direct result.

Question 5 Your concluson for: Oswald's 2014 Interest coverage ratio (EBITDA/Interest)?

Question 6 Based on your analysis of inventories, which of the following appears to be true?

Inventories are being managed more efficiently over time and this will have a negative effect on cash flows

Inventories are being managed more efficiently over time and this will have a positive effect on cash flows.

Inventories are being managed less efficiently over time and this will have a positive effect on cash flows.

Inventories are being managed less efficiently over time and this will have a negative effect on cash flows

Question 7 Your conclusion for: Oswald's 2013 unit market share (as %)?

Question 8 Your conclusion for: Oswald's 2012 Current Asset Ratio.?

Question 9 Over time, Oswald's Gross Margins have been decreasing. The primary reason for this appears to be

Increases in broker commission

Increases in packaging cost

Increases in direct production costs.

Increases in fixed expenses

Question 10 Your conclusion for: 2012 Gross Margin ($ per unit)?

Question 11 Your conclusion for: Oswald's 2014 dollar market share percentage?

Question 12 Your conclusion for: 2013 inventory as a % of assets?

Question 13 Based on your analysis of Oswald's liquidity ratios, which of the following appears to be true

Oswald's has ample ability to pay for unexpected expenses because their cash ratio is greater than their current ratio

Oswald's ability to pay for unexpected expenses has been little-changed over time.

Oswald's ability to pay for unexpected expenses has been improving over time.

Oswald's ability to pay for unexpected expenses has been deteriorating over time.

Question 14 Based on your analysis of Oswald's Accounts Receivable Turnover Ratio (and/or Accounts Receivable Collection Period), which of the following appears to be true?

On average, Oswald's customers are taking more time to pay over time. All else equal, this is a net negative influence on cash flows.

On average, Oswald's customers are taking more time to pay over time. All else equal, this is a net postive influence on cash flows.

On average, Oswald's customers are taking less time to pay over time. All else equal, this is a net negative influence on cash flows.

On average, Oswald's customers are taking less time to pay over time. All else equal, this is a net postive influence on cash flows.

Question 15 Based on your analysis of Oswald's depreciation expense, which of the following appears to be true?

Depreciation expense (as a % of Sales) seems to be increasing over time. This is unexpected given that Fixed Assets are also increasing.

Depreciation expense (as a % of Sales) seems to be decreasing over time. This is to be expected given that Fixed Assets are also decreasing.

Depreciation expense (as a % of Sales) seems to be decreasing over time. This is unexpected given that Fixed Assets are also decreasing.

Depreciation expense (as a % of Sales) seems to be increasing over time. This is to be expected given that Fixed Assets are also increasing.

Question 16 Based on your analysis of Oswald's dividend payout ratio, which of the following appears to be true?

Dividend payments are irrelevant.

Dividend payments seem to be easily sustainable in the long term if the existing trend continues.

Oswald's should continue to increase their dividend payments if the existing trend continues.

Dividend payments seem to be unsustainable in the long term if the existing trend continues.

Question 17 Regarding Oswald's liquidity, we would most likely conclude:

We should be alarmed because the cash ratio should always be greater than 1.00

We should be concerned because the current ratio should never be greater than 1.50

Liquidity is totally fine because the current ratio is above 1.50 in all cases

Liquidity seems to be decreasing over time because the current, quick and cash ratios all seem to be decreasing over time.

Question 18 Based on your analysis of Fixed Assets, which of the following appears to be true?

Oswald's has been purchasing more Fixed Assets over time, which is fine because their Sales dollars are increasing over time

Oswald's has been purchasing more Fixed Assets over time, which is odd because their number of units sold shows little/no growth over time.

Oswald's has been a net seller of Fixed Assets over time, which has greatly improved Gross Profit Margins.

Oswald's has been a net seller of Fixed Assets over time, which has greatly improved Net Profit Margins.

Question 19 Your conclusion for: Oswald's 2011 Interest coverage ratio (EBIT/Interest)?

Question 20 Your conclusion for: Oswald's 2013 dividend payout ratio (in %)?

Question 21 Your conclusion for: Oswald's 2015 dividend yield per share (as %)?

Question 22 Your conclusion for: Oswald's 2014 Earnings per share (in $)?

Question 23 Your conclusion for: Oswald's 2012 EBIT/Unit (in $)?