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Question 35 2.5 Points A restaurant manager achieved $72.500 in revenue last January. For this coming January she predicts a 5.5% increase in monthly sales. What will be this manager's revenue forecast for this coming January? $78,488 B $74.488 C $72,488 D $76,488 Question 36 2.5 Points A restaurant's balance sheet shows current assets of $370,000, and current liabilities of $220,000. What is this restaurant's current ratio? A 2.33 B 1.59 C 1.68 D 0.59Question 37 2.5 Points Which ratio is calculated using the formula: (Cash + Marketable Securities + Accounts Receivable) + Current Liabilities? A Quick (Acid-Test) ratio Solvency Ratio C Current Ratio D Activity Ratio Question 38 2.5 Points In analyzing the results of a current ratio, what does a current ratio greater than one indicate. A The company has no short term debt. B The company has no short term or long term debt. C The company is able to pay off their short term debt. D The company is able to payoff their longterm debt. Question 39 2.5 PointsQuestion 39 2.5 Points A restaurant's balance sheet shows Total Assets of $345,000. Total Liabilities of $220,000, Total Owner's Equity $125,000, What is this restaurant's debt to equity ratio? 0.64 B 1.76 0.57 D 17.6 Question 40 2.5 Points A restaurant's income statement shows Total Revenue of $305,000, Net Income of $1 20,000, Total Expenses $185,000, What is this Profit Margin? A 1549% B 39% C 61% D 65%