A) Analyzes long-term ﬁnancial viability. B) Will normally have a lower value than the quick ratio. C) Is a measure of short-term liquidity. D) Considers all debt obligations of a ﬁrm. E) Indicates the turnover rate of a ﬁrm's accounts receivable. A) Analyzes long-term ﬁnancial viability. B) Will normally have a lower value than the quick ratio. C) Is a measure of short-term liquidity. D) Considers all debt obligations of a ﬁrm. E) Indicates the turnover rate of a ﬁrm's accounts receivable.

Exam 3: Working With Financial Statements

Calculate the value of cost of goods sold for Molson's Brewing Company given the following information: Current liabilities = $340,000; Quick ratio = 1.8; Inventory turnover = 4.0; Current ratio = 3)3.

(Multiple Choice)

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Question 41

Smith & Sons has a debt-equity ratio of .55. What is the total debt ratio?

(Multiple Choice)

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Question 42

The net cash from investment activity for 2015 is ($ in millions):

(Multiple Choice)

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Question 43

Which of the following is NOT a correct statement about the price/earnings ratio?

(Multiple Choice)

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Question 44

Which one of the following formulas represents an asset utilization ratio?

(Multiple Choice)

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Question 45

The current ratio:

(Multiple Choice)

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Question 46

A Kinston ﬁrm has net working capital of $2,580, net ﬁxed assets of $13,120, sales of $22,580, and current liabilities of $1,610. How many dollars' worth of sales are generated from every $1 in total Assets?

(Multiple Choice)

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Question 47

Use the following statement of ﬁnancial position and statement of comprehensive income Accounts payable for 2015 will have a value of _____ % on the ﬁrm's common-size ﬁnancial statement.

(Multiple Choice)

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Question 48

Hilton Publishing and Jordan Publishing have identical debt-equity ratios and proﬁt margins. However, Hilton's ROA is higher than Jordan's. Therefore, it must be true that:

(Multiple Choice)

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Question 49

Last year a Vancouver ﬁrm had a proﬁt margin of 7%. This year the proﬁt margin is 6%. Sales remained constant. Which one of the following statements is correct based on this information?

(Multiple Choice)

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Question 50

Days' sales in inventory of grocery stores are generally lower when compared to car dealerships.

(True/False)

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Question 51

Use the following statement of ﬁnancial position and statement of comprehensive income Blue Bird, Inc. has 1,500 shares of stock outstanding. The price-earnings ratio for 2015 is 21. What is the market price per share of stock?

(Multiple Choice)

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Question 52

If shareholders want to know how much proﬁt a ﬁrm is making on their entire investment in the ﬁrm, the shareholders should look at the:

(Multiple Choice)

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Question 53

Use the following statement of ﬁnancial position and statement of comprehensive income What is the equity multiplier for Bluebird for 2015?

(Multiple Choice)

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Question 54

Using the Du Pont Identity Method, calculate return on equity given the following information. Proﬁt margin 16%; total asset turnover 0.85; equity multiplier 1.5.

(Multiple Choice)

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Question 55

Payment of a note payable and repurchase of common stock are uses of cash.

(True/False)

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Question 56

The most effective methods of directly evaluating the ﬁnancial performance of a ﬁrm is to compare the current ﬁnancial ratios to those of the same ﬁrm from prior time periods and compare a ﬁrm's ﬁnancial ratios to those of other ﬁrms in the ﬁrm's peer group who have similar operations.

(True/False)

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Question 57

Rosita's Resources paid $250 in interest and $130 in dividends last year. The times interest earned ratio is 3.8 and the depreciation expense is $60. What is the value of the cash coverage ratio?

(Multiple Choice)

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Question 58

The Enterprise Multiple is measured as:

(Multiple Choice)

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Question 59

Baker's Used Autos has sales of $638,400, total assets of $524,200, and a proﬁt margin of 9.8 %. The ﬁrm has a total debt ratio of 35 %. What is the return on equity?

(Multiple Choice)

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(35)

Question 60

Showing 41 - 60 of 414

Exam 3: Working With Financial Statements

Calculate the value of cost of goods sold for Molson's Brewing Company given the following information: Current liabilities = $340,000; Quick ratio = 1.8; Inventory turnover = 4.0; Current ratio = 3)3.

Smith & Sons has a debt-equity ratio of .55. What is the total debt ratio?

The net cash from investment activity for 2015 is ($ in millions):

Which of the following is NOT a correct statement about the price/earnings ratio?

Which one of the following formulas represents an asset utilization ratio?

The current ratio:

A Kinston ﬁrm has net working capital of $2,580, net ﬁxed assets of $13,120, sales of $22,580, and current liabilities of $1,610. How many dollars' worth of sales are generated from every $1 in total Assets?

Use the following statement of ﬁnancial position and statement of comprehensive income Accounts payable for 2015 will have a value of _____ % on the ﬁrm's common-size ﬁnancial statement.

Hilton Publishing and Jordan Publishing have identical debt-equity ratios and proﬁt margins. However, Hilton's ROA is higher than Jordan's. Therefore, it must be true that:

Last year a Vancouver ﬁrm had a proﬁt margin of 7%. This year the proﬁt margin is 6%. Sales remained constant. Which one of the following statements is correct based on this information?

Days' sales in inventory of grocery stores are generally lower when compared to car dealerships.

Use the following statement of ﬁnancial position and statement of comprehensive income Blue Bird, Inc. has 1,500 shares of stock outstanding. The price-earnings ratio for 2015 is 21. What is the market price per share of stock?

If shareholders want to know how much proﬁt a ﬁrm is making on their entire investment in the ﬁrm, the shareholders should look at the:

Use the following statement of ﬁnancial position and statement of comprehensive income What is the equity multiplier for Bluebird for 2015?

Using the Du Pont Identity Method, calculate return on equity given the following information. Proﬁt margin 16%; total asset turnover 0.85; equity multiplier 1.5.

Payment of a note payable and repurchase of common stock are uses of cash.

Rosita's Resources paid $250 in interest and $130 in dividends last year. The times interest earned ratio is 3.8 and the depreciation expense is $60. What is the value of the cash coverage ratio?

The Enterprise Multiple is measured as:

Baker's Used Autos has sales of $638,400, total assets of $524,200, and a proﬁt margin of 9.8 %. The ﬁrm has a total debt ratio of 35 %. What is the return on equity?

Introduction to Corporate Finance

Financial Statements, Taxes, and Cash Flow

Long-Term Financial Planning and Growth

Introduction to Valuation: the Time Value of Money

Discounted Cash Flow Valuation

Interest Rates and Bond Valuation

Stock Valuation

Net Present Value and Other Investment Criteria

Making Capital Investment Decisions

Project Analysis and Evaluation

Some Lessons From Capital Market History

Return, Risk, and the Security Market Line

Cost of Capital

Raising Capital

Financial Leverage and Capital Structure Policy

Dividends and Payout Policy

Short-Term Finance and Planning

Cash and Liquidity Management

Credit and Inventory Management

International Corporate Finance

Behavioral Finance: Implications for Financial Management

Enterprise Risk Management

Options and Corporate Finance

Option Valuation

Mergers and Acquisitions

Filters