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Finance Multiple Choice Quiz Set

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Question;Question 1 The Jamestown Group has equity of $421,000, sales of $792,000, and a profit margin of 6 percent. What is the return on equity?Answer 8.87 percent 6.19 percent 11.29 percent 10.27 percent 9.37 percent1 points Question 2 If the Debt/Equity Ratio is 0.60. What is the Debt Ratio?Answer 0.40 0.375 0.60 1 o.44441 points Question 3 XYZ earned a net profit margin of 7.6% last year and had an equity multiplier of 3.4. If its total assets are $94 million and its sales are 179 million, what is the firm's debt ratio?Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box.Answer1 points Question 4 ABC earned a net profit margin of 7.8% last year and had an equity multiplier of 3.9. If its total assets are $116 million and its sales are 180 million, what is the firm's return on equity?Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box.Answer1 points Question 5 ABC's Balance Sheet lists Current Assets of $300, Current Liabilities of $200, Fixed Assets of $700, Long-Term Debt of $400. ABC has 200 shares outstanding. What is the market-to-book ratio (MTB) if the market price per share is $8?Answer 4 times 400 times 2 times 8 times 0.25 times1 points Question 6 If the debt ratio is 0.20, the Equity Multiplier is:Answer 1.25 0.25 1.20 0.20 0.80 1.51 points Question 7 Blackstone, Inc., has net income of $8,910, a tax rate of 39%, and interest expense of $739. What is the times interest earned ratio?Enter your answer rounded off to two decimal points.Answer1 points Question 8 XYZ has total sales of $209, assets of $93, return on equity of 30%, and net profit margin of 5%. What is the amount of equity?Enter you answer rounded off to two decimal points. Do not enter $ in the answer box.Answer1 points Question 9 Smith Corporation has current assets of $11,400, inventories of $4,000, and a current ratio of 2.6. What is Smith s acid test ratio? Assume pre-paid expenses is zero.Answer 1.69 0.54 0.74 1.351 points Question 10 Toast and Butter, Inc., has total assets of $712,000 and an equity multiplier of 1.6. What is the debt-equity ratio?Answer 0.60 0.67 0.63 1.60 1.671 points Question 11 ABC, Inc., has a market-to-book ratio of 2, net income of $85,033, a book value per share of $16.4, and 48,513 shares of stock outstanding. What is the price-earnings ratio?Enter your answer rounded off to two decimal points.Answer1 points Question 12 If Roten, Inc., has a equity multiplier of 1.75, total asset turnover of 1.30, and profit margin of 8.5 percent, what is the return on equity (ROE)?Answer 19.34% 2.275% 1.75% 14.875%1 points Question 13 Wexford Hotels has sales of $289,600, depreciation of $21,400, interest of $1,300, Operating Income of $23,269.70, and a tax rate of 34 percent. What is the times interest earned ratio?Answer 20 17.9 18.5 16 19.81 points Question 14 ABC's balance sheet indicates a book value of shareholders' equity of $841,083. The firm's earning per share are $2.4 and the price-earnings ratio is 11.52. If there are 43,907 shares outstanding, what is the market value per share?Enter your answer rounded off to two decimal points. Do not enter $ in the answer box.Hint: Market value per share is same as market price per share.Answer1 points Question 15 A firm has sales of $350,000, a profit margin of 6 percent, a total asset turnover rate of 1.25, and an equity multiplier of 1.4. What is the return on equity?Answer 10.50 percent 7.50 percent 7.75 percent 11.11 percent 5.36 percent1 points Question 16 A firm has net working capital of $1,100 and current liabilities of $2,800. What is the current ratio?Answer .98 2.56 .39 .72 1.391 points Question 17 A firm has total assets of $682,000 and total equity of $424,000. What is the debt-equity ratio?Answer 1.61 0.61 1.64 0.621 points Question 18 If the debt ratio is 0.80, the Equity Multiplier is:Answer 0.8 0.2 1 5 1.8 41 points Question 19 ABC's balance sheet indicates a book value of shareholders' equity of $836,775. The firm's earning per share are $3.6 and the price-earnings ratio is 11.05. If there are 59,171 shares outstanding, what is the market-to-book ratio?Enter your answer rounded off to two decimal points.Hint: Market value per share is same as market price per shareAnswer1 points Question 20 A firm has total equity of $70,312.50, a profit margin of 8 percent, an equity multiplier of 1.6, and a total asset turnover of 1.3. What is the amount of the firm s sales?Answer $91,406 $112,500 $121,500 $137,500 $146,2501 points Question 21 The Baker s Dozen has current liabilities of $5,600, net working capital of $2,100, inventory of $3,900, and sales of $13,500. What is the quick ratio? Assume pre-paid expenses are zero.Answer 0.68 0.70 1.38 1.47 2.081 points Question 22 If the debt ratio is 0.60, the Debt/Equity Ratio is:Answer 1.25 0.25 1.20 0.20 0.80 1.51 points Question 23 Top Sound, Inc., has total assets of $212,000, a debt-equity ratio of.6, and net income of $9,500. What is the return on equity?Answer 6.87 percent 7.17 percent 7.34 percent 7.50 percent 7.67 percent1 points Question 24 ABC's balance sheet indicates a book value of shareholders' equity of $710,884. The firm's earning per share are $2.9 and the price-earnings ratio is 11.02. If there are 43,006 shares outstanding, what is the book value per share?Enter your answer rounded off to two decimal points. Do not enter $ in the answer box.Hint: Market value per share is same as market price per shareAnswer1 points Question 25 If the Debt/Equity Ratio is 0.50. What is the Debt Ratio?Answer 0.50 0.375 0.60 1 o.33331 points Question 26 ABC has total sales of $181, assets of $93, return on equity of 36%, and net profit margin of 9%. What is the debt ratio?Enter you answer in percentages rounded off to two decimal points. Do not enter % in the answer box.Answer1 points Question 27 If the debt ratio is 0.75, the Debt/Equity Ratio is:Answer 0.75 0.25 1 5 1.75 31 points Question 28 The ability of the firm to pay off short-term obligations as they come due is indicated by:Answer My Grade Point Average Turnover Ratios Liquidity Ratios Profitability Ratios1 points Question 29 ABC Corporation has the following ratios: Total Asset Turnover= 1.6 Total debt to total assets= 0.5 Current Ratio= 1.7 Current Liabilities= $2,000,000 Sales = $16,000,000 What is the amount of current assets?Answer 2,000,000 3,200,000 3,400,000 1,000,0001 points Question 30 XYZ earned a net profit margin of 4.5% last year and had an equity multiplier of 3.7. If its total assets are $116 million and its sales are 152 million, what is the firm's return on assets?Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box.Answer1 points Question 31 If the Debt/Equity Ratio is 0.80. What is the Debt Ratio?Answer 0.40 0.375 0.60 1 o.4444

 

Paper#48317 | Written in 18-Jul-2015

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