Question 1

The inventory days ratio measures:

Accepted Answer

A) the average length of time it takes a company to sell its inventory. 
B) the average length of time it takes the company's suppliers to deliver its inventory. 
C) the level of sales required to keep a company's average inventory on the books. 
D) the percentage change in inventory over the past year. 
A) the average length of time it takes a company to sell its inventory. 
B) the average length of time it takes the company's suppliers to deliver its inventory. 
C) the level of sales required to keep a company's average inventory on the books. 
D) the percentage change in inventory over the past year.

Question 2

Use the information for the question(s)below.
In November 2009,Perrigo Co.(PRGO)had a share price of $39.20.They had 91.33 million shares outstanding,a market-to-book ratio of 3.76.In addition,PRGO had $845.01 million in outstanding debt,$163.82 million in net income,and cash of $257.09 million.
-Perrigo's return on equity (ROE)is closest to:

Accepted Answer

A) 4.6% 
B) 9.1% 
C) 17.2% 
D) 27% 
A) 4.6% 
B) 9.1% 
C) 17.2% 
D) 27%

Question 3

Luther's price - earnings ratio (P/E)for the year ending December 31,2009 is closest to:

Accepted Answer

A) 7.9 
B) 10.1 
C) 15.4 
D) 16.0 
A) 7.9 
B) 10.1 
C) 15.4 
D) 16.0

The inventory days ratio measures:

Luther's price - earnings ratio (P/E)for the year ending December 31,2009 is closest to:

The Corporation

Financial Decision Making and the Law of One Price

The Time Value of Money

Interest Rates

Valuing Bonds

Investment Decision Rules

Fundamentals of Capital Budgeting

Valuing Stocks

Capital Markets and the Pricing of Risk

Optimal Portfolio Choice and the Capital Asset Pricing Model

Estimating the Cost of Capital

Investor Behavior and Capital Market Efficiency

Capital Structure in a Perfect Market

Debt and Taxes

Financial Distress,managerial Incentives,and Information

Payout Policy

Capital Budgeting and Valuation With Leverage

Valuation and Financial Modeling: a Case Study

Financial Options

Option Valuation

Real Options

Raising Equity Capital

Debt Financing

Leasing

Working Capital Management

Short-Term Financial Planning

Mergers and Acquisitions

Corporate Governance

Risk Management

International Corporate Finance

Filters

Exam 2: Introduction to Financial Statement Analysis

The inventory days ratio measures:

Luther's price - earnings ratio (P/E)for the year ending December 31,2009 is closest to:

The Corporation

Financial Decision Making and the Law of One Price

The Time Value of Money

Interest Rates

Valuing Bonds

Investment Decision Rules

Fundamentals of Capital Budgeting

Valuing Stocks

Capital Markets and the Pricing of Risk

Optimal Portfolio Choice and the Capital Asset Pricing Model

Estimating the Cost of Capital

Investor Behavior and Capital Market Efficiency

Capital Structure in a Perfect Market

Debt and Taxes

Financial Distress,managerial Incentives,and Information

Payout Policy

Capital Budgeting and Valuation With Leverage

Valuation and Financial Modeling: a Case Study

Financial Options

Option Valuation

Real Options

Raising Equity Capital

Debt Financing

Leasing

Working Capital Management

Short-Term Financial Planning

Mergers and Acquisitions

Corporate Governance

Risk Management

International Corporate Finance

Filters