Exam 3: Working With Financial Statements

Gaspares Agricultural Cooperative has current liabilities of $162,500, net working capital of $28,560, inventory of $175,800, and sales of $1,941,840.What is the quick ratio?

A firm has net income of $197,400, a return on assets of 8.4 percent, and a debt-equity ratio of .72.What is the return on equity?

A firm has sales of $311,000 and net income of $31,600.The price-sales ratio is 3.24 and market price is $36 per share.How many shares are outstanding?

Rogers Radiators has net income of $48,200, sales of $947,100, a capital intensity ratio of .87, and an equity multiplier of 1.53.What is the return on equity?

The cash ratio is used to evaluate the:

World Exports has total assets of $938,280, a total asset turnover rate of 1.18, a debt-equity ratio of .47, and a return on equity of 18.7 percent.What is the firm's net income?

The sustainable growth rate is based on the premise that:

Tessler Farms has a return on equity of 11.28 percent, a debt-equity ratio of 1.03, and a total asset turnover of .87.What is the return on assets?

High Road Transport 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?

Andras Technology has accounts receivable of $35,680, total assets of $538,500, cost of goods sold of $325,400, and a capital intensity ratio of ..90.What is the accounts receivable turnover rate?

Mercier United has net income of $128,470.There are currently 32.67 days' sales in receivables.Total assets are $1,419,415, total receivables are $122,306, and the debt-equity ratio is .40.What is the return on equity?

It is important to review not just the Current Ratio, but also the Quick Ratio and Cash Ratio because:

ABD common stock is selling for $36.08 a share.The company has earnings per share of $.34 and a book value per share of $12.19.What is the market-to-book ratio?

Wilberton's has total assets of $537,800, net fixed assets of $412,400, long-term debt of $323,900, and total debt of $388,700.If inventory is $173,900, what is the current ratio?

The Kids' Mart has a market-to-book ratio of 3.3, net income of $87,100, a book value per share of $18.50, and 7,500 shares of stock outstanding.What is the price-earnings ratio?

For the most recent year, Wilson Enterprises had sales of $689,000, cost of goods sold of $492,300, depreciation expense of $61,200, additions to retained earnings of $48,560, and dividends per share of $2.18.There are 12,000 shares of common stock outstanding and the tax rate is 35 percent.What is the times interest earned ratio?

Wiggle Pools has total equity of $358,200 and net income of $47,500.The debt-equity ratio is .68 and the total asset turnover is 1.2.What is the profit margin?

You are analyzing a company that has cash of $8,800, accounts receivable of $15,800, fixed assets of $87,600, accounts payable of $40,300, and inventory of $46,900.What is the quick ratio?

UXZ has sales of $683,200, cost of goods sold of $512,900, and inventory of $74,315.What is the inventory turnover rate?

Dellf's has a profit margin of 3.8 percent on sales of $287,200.The firm currently has 5,000 shares of stock outstanding at a market price of $7.11 per share.What is the price-earnings ratio?