Problem
|
Year 2014
|
Year 2015
|
|
Year 2014
|
Year 2015
|
|
Cash
|
140
|
210
|
Accounts payable
|
320
|
280
|
|
Accounts receivable
|
340
|
380
|
Notes payable
|
400
|
300
|
|
Inventory
|
550
|
590
|
Long-term debt
|
1,100
|
1,400
|
|
Net fixed assets
|
3,600
|
3,500
|
Common stock
|
1,200
|
980
|
|
|
|
Retained earnings
|
1,610
|
1,720
|
|
Total assets
|
4,630
|
4,680
|
Total liab & Total equity
|
4,630
|
4,680
|
Year 2015
|
Sales
|
6,230
|
|
Cost of goods sold
|
4,720
|
|
Depreciation
|
440
|
|
Interest
|
75
|
|
Taxes
|
350
|
|
Net income
|
645
|
|
Number of shares outstanding
|
100
|
QUESTION 1 : What is the times-interest-earned ratio in 2015?
a. 14.27
b. 2.31%
c. 9.03
d. 3.02
e. 7.73
QUESTION 2 : What is the cash coverage ratio in 2015?
a. 26
b. 20.13%
c. 14.27
d. 20.13
e. 14.27%
QUESTION 3 : What is the days' sales in inventory in 2015?
a. 45.63 days
b. 59.02 days
c. 34.74 days
d. 19.92 days
e. 21.65 days
QUESTION 4 : What is the days' sales in receivables in 2015?
a. 27.65 days
b. 34.74 days
c. 42.53 days
d. 22.27 days
e. 59.02 days
QUESTION 5 : What is the days' sales in payables in 2015?
a. 34.74 days
b. 19.92 days
c. 21.65 days
d. 42.53 days
e. 59.02 days
QUESTION 6 : What is the total asset turnover in 2015?
a. 1.33
b. 0.10
c. 0.14
d. 0.24
e. 3.78
QUESTION 7 : What is the profit margin in 2015?
a. 1.33
b. 0.24
c. 0.10
d. 3.89
e. 0.14
QUESTION 8 : What is the return on assets in 2015?
a. 3.84
b. 0.10
c. 0.14
d. 1.33
e. 0.54
QUSTION 9 : What is the return on equity in 2015?
a. 0.04
b. 0.10
c. 0.24
d. 3.38
e. 1.33
QUESTION 10 : What is the price-earnings ratio in 2015 if the stock price is $25 per share?
a. 1.33
b. 0.14
c. 0.10
d. 0.24
e. 3.88
QUESTION 11 : What is the maket-to-book ratio in 2015 if the stock price is $45 per share?
a. 3.97
b. 1.10
c. 2.62
d. 4.59
e. 1.67
QUESTION 12 : What is the enterprise value multiple in 2015 if the stock price is $45 per share?
a. 3.97
b. 2.62
c. 1.10
d. 4.59
e. 1.67
QUESTION 13 : What is the dividend payout ratio in 2015?
a. 0.04
b. 0.67
c. 0.39
d. 0.02
e. 0.83
QUESTION 14 : What is the internal growth rate in 2015?
a. 0.04
b. 0.39
c. 0.67
d. 0.83
e. 0.02
QUESTION 15 : What is the sustainable growth rate in 2015?
a. 0.02
b. 0.67
c. 0.83
d. 0.39
e. 0.04