INSTRUCTIONS -
1. Your answer should show at least the first 3 rounded non-zero digits followed by zeros.
A) For Example: If the answer is 278,915, the first 3 rounded non-zero digits is 279 and an answer of 279,000 is acceptable. An answer of 278,915 is also acceptable.
B) Another Example: Suppose the answer is 0.08297, then an answer of 0.083 is acceptable. 0.0830 and 0.08297 are also acceptable.
2. Do not use currency signs. Suppose the answer is $40.42, then you should answer 40.4 or 40.42.
3. Do not use (...) to show negative quantities. If the answer is -0.5192, then do not answer (0.519), rather answer -0.519 or -0.5192.
4. When you have a question that may be answered as a percentage, answer it instead as a decimal. For example, if the answer for a rate of return is 10.5%, then enter the answer as 0.105 instead of 10.5 or 10.5%. Basically answer the question as the actual number instead of answering it as a percentage.
Please answer the following questions. I'm completely lost.
1. Soaring Eagles Corp. has total current assets of $11,992,000, current liabilities of $5,324,000 and a quick ratio of 0.79. What is its level of inventory?
2. Boulder Mountain Ski Company has total assets of $489,600,000 and a debt ratio of 0.29. Calculate the company's debt-to-equity ratio.
3. The Timber Ridge Company has the following relationships:
Sales/Total assets = 3.42; ROA = 0.0950
What is Timber Ridge's net profit margin?
4. Sawaya Company had depreciation and amortization expenses of $522,311, interest expenses of $114,077, and an EBITDA of $1,521,087 for the year ended June 30, 2010. What is the Times Interest Earned for this company?
5. Archware Systems has total assets of $35.594 billion, total debt of $9.678 billion, and net sales of $22.390 billion. Their net profit margin for the year was 0.16, while the operating profit margin was 30 percent. What is Archware's net income? (Answer needs to be stated in billions. For example: 2.83)
6. Blue Air Inc., has net sales of $740,000 and accounts receivables of $163,000. What are the firm's accounts receivables turnover?
7. JP Vineyards has sales of $844,000, a gross profit margin of 0.397, and inventory of $176,000. What is the company's inventory turnover ratio?