Question 1

(1 point)

Soaring Eagles Corp. has total current assets

of $11,760,000, current liabilities of $5,034,000 and a quick ratio of 0.81.

What is its level of inventory?

Your Answer:

Question 1 options:

Answer

Question 2

(1 point)

Boulder Mountain Ski Company has total assets of $460,800,000 and a debt ratio of0.29. Calculate the company's debt-to-equity ratio. Round to two decimal places.

Your Answer:

Question 2 options:

Answer

Question 3

(1 point)

The Timber Ridge Company has the following relationships:

Sales/Total assets = 3.12;ROA = 0.1120

Whatis Timber Ridge's net profit margin? Round to 3 decimal places.

Your Answer:

Question 3 options:

Answer

Question 4

(1 point)

Sawaya Company had depreciation and amortization expensesof $522,311, interest expenses of $114,077, and an EBITDA of $1,521,087 forthe year ended June 30, 2010. What is the Times Interest Earned for thiscompany?

Question 4 options:

13.3 times

8.8 times

.6 times

None of the above

Question 5

(1 point)

Archware Systems has total assets of $35.594

billion, total debt of $9.678 billion, and net sales of $22.970 billion. Their

net profit margin for the year was 0.21, while the operating profit

margin was 30 percent. Whatis Archware's net income? (Answer needs to be stated in billions. For example: 2.83) Round to two decimal places.

Your Answer:

Question 5 options:

Answer

Question 6

(1 point)

Which one of the following statements isNOTtrue?

Question 6 options:

DSO measures in days, the time the firm takes to convert its receivables intocash.

One ratio that measures the efficiency of a firm's collection policy is days'sales outstanding.

The accounts receivables turnover ratio measures how quickly the firm collectson its credit sales.

The more days that it takes the firm to collect on its receivables, the moreefficient the firm is.

Question 7

(1 point)

Blue Air Inc., has net sales of $772,000 andaccounts receivables of $170,000. What are the firm's accounts receivablesturnover? Round to two decimal places.

Your Answer:

Question 7 options:

Answer

Question 8

(1 point)

JP Vineyards has sales of $871,000, a grossprofit margin of 0.397, and inventory of $180,000. What is thecompany's inventory turnover ratio? Round to two decimal places.