Fin 101 exam set 2

Fin 101 Exam Set 2

Question 1 If the debt ratio is 0.80, the Equity Multiplier is:

Don't use plagiarized sources. Get Your Custom Essay on
Fin 101 exam set 2
From as low as $5/Page
Order Essay

 Answer 0.8 0.2 1 5 1.8 4

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

Question 3 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 1.39

Question 4 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%

Question 5 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 2.08

Question 6 ABC, Inc., has a market-to-book ratio of 2, net income of $89,467, a book value per share of $20.2, and 54,602 shares of stock outstanding. What is the price-earnings ratio? Enter your answer rounded off to two decimal points.

Answer

Question 7 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 $146,250

Question 8 If the Debt/Equity Ratio is 0.80. What is the Debt Ratio?

Answer 0.40 0.375 0.60 1 o.4444

Question 9 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 Ratios

Question 10 ABC’s balance sheet indicates a book value of shareholders’ equity of $756,859. The firm’s earning per share are $2.9 and the price-earnings ratio is 12.54. If there are 55,060 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 share

Answer

Question 11 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

Question 12 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. Answer 1 points

Question 13 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 14 ABC has total sales of $205, assets of $114, return on equity of 27%, and net profit margin of 8%. 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 15 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 16 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 17 XYZ has total sales of $210, assets of $104, return on equity of 21%, and net profit margin of 6%. What is the amount of equity? Enter you answer rounded off to two decimal points. Do not enter $ in the answer box. Answer 1 points

Question 18 Blackstone, Inc., has net income of $8,285, a tax rate of 31%, and interest expense of $660. What is the times interest earned ratio? Enter your answer rounded off to two decimal points. Answer 1 points

Question 19 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 20 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 21 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 22 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 19.8 1 points

Question 23 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 24 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 25 ABC earned a net profit margin of 5.6% last year and had an equity multiplier of 2.2. If its total assets are $99 million and its sales are 147 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. Answer 1 points

Question 26 XYZ earned a net profit margin of 4.6% last year and had an equity multiplier of 2.7. If its total assets are $97 million and its sales are 171 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. Answer 1 points

Question 27 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 1.35 1 points

Question 28 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 times 1 points

Question 29 ABC’s balance sheet indicates a book value of shareholders’ equity of $704,417. The firm’s earning per share are $3.7 and the price-earnings ratio is 11.68. If there are 46,879 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 30 XYZ earned a net profit margin of 7.6% last year and had an equity multiplier of 2. If its total assets are $96 million and its sales are 141 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 31 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 32 ABC Inc. recently reported $477 of net income. Its EBIT was $884, and its tax rate was 32%. What is the interest expense? Hints: Start by writing down the headings for the income statement and then fill in the missing values. Work your way from bottom up. EBT=NI/(1-tax rate) Note: Enter your answer rounded off to two decimal points. Do not enter $ in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.

 

 

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
Confirm Eligibility