Flag question: Question 11

Question 113.5 pts

Time Tech has accounts receivable of $43,680, total assets of $617,500, cost of goods sold of $389,400, and a Total Asset Turnover ratio of 1.28. What is the accounts receivable turnover rate?

Group of answer choices

13.98

16.87

10.33

18.12

Flag question: Question 12

Question 123.5 pts

Trans Atlantic Inc has a current stock price of $5.60. For the past year, the company had net income of $287,400, total equity of $992,300, sales of $1,511,000, and 750,000 shares outstanding. What is the market-to-book ratio?

Group of answer choices

4.23

3.99

3.81

4.47

Flag question: Question 13

Question 132.5 pts

Peabody Landscaper has a profit margin of 7.5 percent and net income of $76,700. What is the common-size percentage for the cost of goods sold if that expense amounted to $602,600 for the year?

Group of answer choices

31.65 percent

89.77 percent

58.92 percent

59.00 percent

Flag question: Question 14

Question 143.5 pts

One year ago, you purchased a 6 percent coupon bond with a face value of $1,000 when it was selling for 98.5 percent of par. Today, you sold this bond for 101.3 percent of par. What is your total dollar return on this investment?

Group of answer choices

$90

$63

$79

$88

Flag question: Question 15

Question 152.5 pts

What is the probability associated with a return that lies in the upper tail when the mean plus two standard deviations is graphed?

Group of answer choices

7.5 percent

1.0 percent

2.5 percent

68.6 percent

Flag question: Question 16

Question 162.5 pts

Jamba Juice has sales of $706,400, cost of goods sold of $578,350, depreciation of $25,400, and interest expense of $19,300. What is the times interest earned ratio?

Group of answer choices

11.87

3.08

5.32

6.77

Flag question: Question 17

Question 172.5 pts

When a bond's yield to maturity is less than the bond's coupon rate, the bond:

Group of answer choices

is priced at par.

is selling at a premium.

is selling at a discount

is selling at deep discount.

Flag question: Question 18

Question 183.5 pts

A stock has had returns of -15 percent, 13.5 percent, -4 percent, 21 percent, and 17.6 percent, over the last five years, respectively. What is the geometric return for this stock?

Group of answer choices

4.75 percent

8.06 percent

9.98 percent

5.68 percent

Flag question: Question 19

Question 192.5 pts

Which one of the following combinations will always result in an increased dividend yield?

Group of answer choices

Increase in the stock price combined with a constant dividend amount

Decrease in the stock price combined with a higher dividend amount

Increase in the stock price combined with a lower dividend amount

Increase in the stock price combined with a higher dividend amount

Flag question: Question 20

Question 202.5 pts

Builder's Outlet just hired a new chief financial officer. To get a feel for the company, she wants to compare the firm's sales and costs over the past three years to determine if any trends are present and also determine where the firm might need to make changes. Which one of the following statements will best suit her purposes?

Group of answer choices

Income statement

Statement of cash flows

Common-size income statement

Balance sheet