5.000.000 Sales Cost of goods sold Greas Froßt 2,000,000 1,700,000 Selling and administrative expenses Operating profit

[answerhappygod]

5 000 000 Sales Cost Of Goods Sold Greas Frosst 2 000 000 1 700 000 Selling And Administrative Expenses Operating Profit 1 (33.76 KiB) Viewed 27 times

5 000 000 Sales Cost Of Goods Sold Greas Frosst 2 000 000 1 700 000 Selling And Administrative Expenses Operating Profit 2 (38.28 KiB) Viewed 27 times

5.000.000 Sales Cost of goods sold Greas Froßt 2,000,000 1,700,000 Selling and administrative expenses Operating profit 300,000 50,000 Interest expense Income before tax 250,000 100.000 Tax expense Net income 150,000 2005 2004 Cash 80,000 Accounts receivable $ 90,000 810,000 800,000 800,000 Inventory 720,000 Total Current assets 1,700,000 1,600,000 Fixed assets 2,600,000 2,400,000 Total assets 4,300,000 4,000,000 500,000 400,000 Accounts payable Bank loan 100,000 100,000 Total current habilities 600,000 500,000 Bonds payable 400,000 300,000 Total liabilities 1,000,000 800,000 Common stock (20,000 shares) 500,000 500,000 etained earnings 2,800,000 2,700,000 otal liabilities and shareholders' eq 4,300,000 4,000,000 te: The common shares are trading in the stock market for $27 each. The firm's quick ratio for 2005 is A) 1.30 B) 1.50 C) 1.69 D) 2.83 Balance Sheet $
21. The firm's times interest earned ratio for 2005 is A) 2.80 B) 6.00 C) 9.00 D) 11.11 The firm's leverage ratio for 2005 is A) 1.30 B) 1.50 C) 1.69 D) 2.83 The firm's fixed asset turnover ratio for 2005 is Please keep in mind that when a ratio involves both income statement and balance sheet numbers, the balance sheet numbers for the beginning and end of the year must be averaged. A) 0.90 B) 1.56 C) 1.92 D) 2.80 24. The net income of the company is $120. Accounts payable increase by $20, depreciation is $15, and equipment is purchased for $40. If the firm issued $110 in new bonds, what is the total change in cash for the firm for all activities? A) Increase of $225 B) Increase of $130 C) Decrease of $195 D) Decrease of $110 25. Bubbles Soap Corporation has a quick ratio of 1.0 and a current ratio of 2.0 implying that a. the value of current assets is equal to the value of inventory. b. the value of current assets is equal to the value of current liabilities. c. the value of current liabilities is equal to the value of inventory. d. All of the above. e. None of the above. 26. Which one of the following stocks represents industries with below-average sensitivity to state of the economy? a) financials b) technology c) food and beverage d) cyclicals B 23.