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Question;51. A firm has sales of $2,190, net income of $174;net fixed assets of $1,600, and current assets of $720. The firm has $310 in;inventory. What is the common-size statement value of inventory?;A. 13.36 percent;B. 14.16 percent;C. 19.38 percent;D. 30.42 percent;E. 43.06 percent;52. A firm has sales of $3,400, net income of $390;total assets of $4,500, and total equity of $2,750. Interest expense is $40.;What is the common-size statement value of the interest expense?;A. 0.89 percent;B. 1.18 percent;C. 3.69 percent;D. 10.26 percent;E. 14.55 percent;53. Last year, which is used as the base year, a firm;had cash of $52, accounts receivable of $218, inventory of $509, and net fixed;assets of $1,107. This year, the firm has cash of $61, accounts receivable of;$198, inventory of $527, and net fixed assets of $1,216. What is the;common-base year value of accounts receivable?;A. 0.08;B. 0.10;C. 0.88;D. 0.91;E. 1.18;54. Russell's Deli has cash of $136, accounts;receivable of $87, accounts payable of $215, and inventory of $409. What is the;value of the quick ratio?;A. 0.31;B. 0.53;C. 0.71;D. 1.04;E. 1.07;55. Uptown Men's Wear has accounts payable of $2,214;inventory of $7,950, cash of $1,263, fixed assets of $8,400, accounts;receivable of $3,907, and long-term debt of $4,200. What is the value of the;net working capital to total assets ratio?;A. 0.31;B. 0.42;C. 0.47;D. 0.51;E. 0.56;56. A firm has total assets of $311,770 and net fixed;assets of $167,532. The average daily operating costs are $2,980. What is the;value of the interval measure?;A. 31.47 days;B. 48.40 days;C. 56.22 days;D. 68.05 days;E. 104.62 days;57. A firm has a debt-equity ratio of 0.42. What is;the total debt ratio?;A. 0.30;B. 0.36;C. 0.44;D. 1.58;E. 2.38;58. A firm has total debt of $4,620 and a debt-equity;ratio of 0.57. What is the value of the total assets?;A. $6,128.05;B. $7,253.40;C. $9,571.95;D. $11,034.00;E. $12,725.26;59. A firm has sales of $68,400, costs of $42,900;interest paid of $2,100, and depreciation of $6,500. The tax rate is 34 percent.;What is the value of the cash coverage ratio?;A. 12.14;B. 15.24;C. 17.27;D. 23.41;E. 24.56;60. The Bike Shop paid $2,310 in interest and $1,850;in dividends last year. The times interest earned ratio is 2.2 and the;depreciation expense is $460. What is the value of the cash coverage;ratio?;A. 1.67;B. 1.80;C. 2.21;D. 2.40;E. 2.52

 

Paper#44948 | Written in 18-Jul-2015

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