Multiple Choice
Marco's just reported an EPS of $1.68 on revenues of $440 million. The company has 12 million shares outstanding. Total assets are $280 million, current liabilities equal $48 million, and long- term debt is $112 million. Net fixed assets are worth $230 million. Given this information, which one of the following statements is correct?
A) Marco's debt- equity ratio is 0.75.
B) Marco's net working capital is $2 million.
C) Marco's total asset turnover is 3.67.
D) Marco's current ratio is 1.75.
Correct Answer:

Verified
Correct Answer:
Verified
Q12: EBITDA stands for earnings before inflation, taxes,
Q73: For most companies, the dividend payout ratio
Q74: Changes in share prices tend to lag
Q75: Which measure of the business cycle represents
Q76: Firms tend to be more profitable and
Q79: On March 31, Adolpha, Inc. reported
Q80: JJ Industries has a P/E ratio of
Q81: The PEG ratio<br>A) compares the price/earnings ratio
Q83: One of the basic premises of security
Q101: The business cycle reflects economic changes only