Solved

Jeminson's Hardware Has Accounts Payable of $682, Inventory of $3,608

Question 29

Multiple Choice

Jeminson's Hardware has accounts payable of $682, inventory of $3,608, cash of $340, fixed assets of $4,211, accounts receivable of $418, and long-term debt of $3,750. What is the value of the net working capital to total assets ratio?


A) .29
B) .37
C) .43
D) .47
E) .56

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q20: Frederico's has a profit margin of 6%,a

Q24: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7297/.jpg" alt=" The

Q25: An equity multiplier of 1.64 means that

Q26: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7297/.jpg" alt=" What

Q27: Patti's Pizza has net income of $218,490,

Q28: Tellus and Rojers Corp. are close competitors.

Q30: According to the statement of cash flows,

Q31: Calculate net income given the following information:

Q32: The financial ratio measured as the price

Q34: Common size statements can only be completed