Question: Please see attachment. Could not copy question into box. The relationship of $320,000 to $200,000, expressed as a ratio, is: a. 3.8 to 2. b.

Please see attachment. Could not copy question into box.

Please see attachment. Could not copy question into box. The relationship of

The relationship of $320,000 to $200,000, expressed as a ratio, is: a. 3.8 to 2. b. 3.5 to 2. c. 3.0 to 2. d. 3.2 to 2. Univeo Company reported the following on its income statement: An analysis of the income statement revealed that interest expense was $35,000. Univeo Company's number of times interest charges are earned was: a. 4.1 times. b. 7 times. c. 4 times. d. 7.7 times. Based on the following data for the current year, determine the accounts receivable turnover? Net sales on account during the year Cost of merchandise sold during the year Accounts receivable, beginning of year Accounts receivable, end of year Inventory, beginning of year Inventory, end of year 0 1 a. 5.5 b. 8.4 c. 1.3 $ 545,500 363,000 65,000 35,000 117,000 138,000 d. 10.9 Based on the following data for the current year, compute the number of days' sales in accounts receivable. Net sales on account during the year $ 820,000 Cost of merchandise sold during the year 385,000 Accounts receivable, beginning of year 38,000 Accounts receivable, end of year 32,000 Inventory, beginning of year 87,000 Inventory, end of year 116,000 a. 14.2 b. 16.9 c. 31.2 d. 15.6 Based on the following data for the current year, determine the inventory turnover. Net sales on account during the year $ 515,700 Cost of merchandise sold during the year 440,000 Accounts receivable, beginning of year 58,000 Accounts receivable, end of year 43,000 Inventory, beginning of year 118,000 Inventory, end of year 142,000 a. 1.1 b. 3.4 c. 1.7 d. 2 The balance sheet and income statement for the year ended 2016 indicate the following: Bonds payable, 10% (issued 1998, due 2022) $1,200,000 Preferred 5% stock, $100 par (no change during year) 350,000 Common stock, $50 par (no change during year) 2,100,000 Income before income tax for year 3100,000 Income tax for year 72,000 Common dividends paid 58,000 Preferred dividends paid 16,300 Based on the data presented above, what is the number of times interest charges were earned? a. 3.6 b. 2.9 c. 0.7 d. 2.6 Based on the following data for the current year, what is the number of days' sales in inventory (rounded to the next whole day)? Net sales on account during the year $1,204,000 Cost of merchandise sold during the year 630,000 Accounts receivable, beginning of year 75,000 Accounts receivable, end of year 85,000 Inventory, beginning of year 81,600 Inventory, end of year 98,600 a. 30 b. 53 c. 58 d. 48 Based on the following data, what is the amount of quick assets? Accounts payable $ 32,000 Accounts receivable 56,000 Accrued liabilities 7,000 Cash 20,000 Intangible assets 40,000 Inventory 72,000 Long-term investments 100,000 Long-term liabilities 75,000 Marketable securities 40,000 Notes payable (short-term) 20,000 Property, plant, and equipment 625,000 Supplies 2,000 a. $116,000 b. $188,000 c. $228,000 d. $114,000 The balance sheets at the end of each of the first two years of operations indicate the following: Based on the above information, if net income is $130,000 and interest expense is $40,000 for 2016, what is the rate earned on stockholders' equity for 2016 (round to one decimal place)? a. 12.0% b. 13.2% c. 12.7% d. 16.5%

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