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 current ratio is 1.75.
C) Marco's total asset turnover is 3.67.
D) Marco's net working capital is $2 million.
Correct Answer:
Verified
Correct Answer:
Verified
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