Acct 346

INSTRUCTIONS: CLICK ON THE TEXT BOX TO THE go away OF THE QUESTION NUMBER AND ENTER THE LETTER THAT REPRESENTS YOUR ANSWER. indicate YOUR CALCULATIONS IN THE TEXT BOXES BY CLICKING ON THE BOX. 1.Jada Co.s loot gross revenue be $1,000,000; middling enume ration $230,000; revel of goods sold $700,000; accounts due $25,000; and total additions $750,000. The days sales in inventory are: (round to decimals in all calculations) A.120.07 B.83.947 C.391.21 D.273.82 2. Brett Inc. had total assets of $800,000; fairish inventory of $200,000; cost of goods sold of $750,000; and net sales of $1,000,000. Their inventory overturn was: A.4.00 B.3.75 C.5.00 D.4.50 3. Which of the future tense(a) ratios is a stringent test of a keep associations liquidity? A. current ratio. B.working capital. C.debt-to-equity ratio. D.quick ratio. 4. Which of the followers includes operating(a) income in the ratios numerator? A. Times interest take in B.Deb t-to-equity ratio C.Acid-test ratio D. unadulterated margin percentage subroutine the following information for the next 2 questions. Tedi Co. had net sales of $1,000,000; inventory of $230,000; cost of goods sold of $700,000; come accounts due of $25,000; and average total assets of $750,000. There were no returns of sales. 5. The companys accounts due turnover is: A.30 B.9.2 C.

28 D.40 6. The companys asset turnover is: A.0.933 B.3.922 C.1.333 D.3.261 7. Which of the following is a measure of a companys short-term debt paying ability? A.Debt-to-equity ratio B.Current ratio C.Accounts receivable turnover D.Asset turnover 8. The high er this ratio, the riskier the company becom! es in the eye of creditors. Which ane is it? A.Current ratio B.Acid-test ratio C.Return on total assets D.Debt-to-equity ratio 9.Which of the following ratios is a measure of investors expectations about a companys future profitability. A.EPS B....If you want to get a lavish essay, order it on our website: OrderEssay.net

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