Question 1 Blackstone, Inc., has net income of $8,815, a tax rate of 24%, and interest expense of $732. What is the times interest earned ratio? Enter your answer rounded off to two decimal points. Answer 1 points Question 2 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 0.62 1 points Question 3 If the debt ratio is 0.60, the Debt/Equity Ratio is: Answer 1.25 0.25 1.20 0.20 0.80 1.5 1 points Question 4 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 percent 1 points Question 5 ABC has total sales of $211, assets of $80, return on equity of 23%, and net profit margin of 5%. What is the debt ratio? Enter you answer in percentages rounded off to two decimal points. Do not enter % in the answer box. Answer 1 points Question 6 XYZ earned a net profit margin of 7.2% last year and had an equity multiplier of 2.3. If its total assets are $114 million and its sales are 170 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. Answer 1 points Question 7 ABC’s balance sheet indicates a book value of shareholders’ equity of $874,129. The firm’s earning per share are $2.5 and the price-earnings ratio is 9.97. If there are 58,364 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 share Answer 1 points Question 8 If the debt ratio is 0.20, the Equity Multiplier is: Answer 1.25 0.25 1.20 0.20 0.80 1.5 1 points Question 9 If the Debt/Equity Ratio is 0.80. What is the Debt Ratio? Answer 0.40 0.375 0.60 1 o.4444 1 points Question 10 If the Debt/Equity Ratio is 0.50. What is the Debt Ratio? Answer 0.50 0.375 0.60 1 o.3333 1 points Question 11 ABC’s balance sheet indicates a book value of shareholders’ equity of $742,049. The firm’s earning per share are $3.5 and the price-earnings ratio is 11.82. If there are 43,418 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. Answer 1 points Question 12 If the debt ratio is 0.75, the Debt/Equity Ratio is: Answer 0.75 0.25 1 5 1.75 3 1 points Question 13 ABC, Inc., has a market-to-book ratio of 3, net income of $88,564, a book value per share of $22.3, and 54,494 shares of stock outstanding. What is the price-earnings ratio? Enter your answer rounded off to two decimal points. Answer 1 points Question 14 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 1,000,000 1 points Question 15 If the debt ratio is 0.80, the Equity Multiplier is: Answer 0.8 0.2 1 5 1.8 4 1 points Question 16 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 percent 1 points Question 17 If the Debt/Equity Ratio is 0.60. What is the Debt Ratio? Answer 0.40 0.375 0.60 1 o.4444 1 points Question 18 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 percent 1 points Question 19 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 1.67 1 points Question 20 If Roten, Inc., has a equity multiplier of 1.75, total asset turnover of 1.30, and profit margin of 8.5 percen…
Looking for solution of this Assignment?
WHY CHOOSE US?
We deliver quality original papers |
Our experts write quality original papers using academic databases.We dont use AI in our work. We refund your money if AI is detected |
Free revisions |
We offer our clients multiple free revisions just to ensure you get what you want. |
Discounted prices |
All our prices are discounted which makes it affordable to you. Use code FIRST15 to get your discount |
100% originality |
We deliver papers that are written from scratch to deliver 100% originality. Our papers are free from plagiarism and NO similarity.We have ZERO TOLERANCE TO USE OF AI |
On-time delivery |
We will deliver your paper on time even on short notice or short deadline, overnight essay or even an urgent essay |