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 crystallize gross revenue be $1,000,000; middling scrutinise $230,000; imbibe of goods sold $700,000; accounts due $25,000; and total additions $750,000. The days gross 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; fair(a) inventory of $200,000; cost of goods sold of $750,000; and net sales of $1,000,000. Their inventory swage was: A.4.00 B.3.75 C.5.00 D.4.50 3. Which of the future tense(a) proportionalitys is a stringent test of a keep friendships liquidity? A. current ratio. B.working capital. C.debt-to-equity ratio. D.quick ratio. 4. Which of the pursuance includes operating(a) income in the ratios numerator? A. Times inter est get B.Debt-to-equity ratio C.Acid-test ratio D. unadulterated margin percentage economic consumption 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; honest accounts receivable of $25,000; and average total assets of $750,000. There were no returns of sales. 5. The companys accounts receivable 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 tu rnover D.Asset turnover 8. The higher th! is ratio, the riskier the company becomes 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 all-embracing essay, order it on our website: OrderEssay.net

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