BCOR 340

D. 1.26

Motor Works has total assets of $919,200, long-term debt of $264,500, total equity of $466,900, net fixed assets of $682,800, and sales of $1,021,500. The profit margin is 6.2 percent. What is the current ratio? A. 0.79 B. 0.84 C. 1.01 D. 1.26 E. 1.19

D. 8.26

A firm has net income of $4,238 and interest expense of $898. The tax rate is 35 percent. What is the firm's times interest earned ratio? A. 7.33 B. 7.26 C. 5.38 D. 8.26 E. 9.33

E. 21.55%

Computer Geeks has sales of $618,900, a profit margin of 13.2 percent, a total asset turnover rate of 1.54, and an equity multiplier of 1.06. What is the return on equity? A. 18.91% B. 12.67% C. 18.28% D. 22.11% E. 21.55%

B. 0.40

Wiley's has total equity of $679,400, long-term debt of $316,900, net working capital of $31,600, and total assets of $1,123,900. What is the total debt ratio? A. 0.53 B. 0.40 C. 0.67 D. 0.49 E. 0.63

B. 6.38%

Fried Donuts has sales of $764,900, total assets of $687,300, total equity of $401,300, net income of $68,200, and dividends paid of $27,000. What is the internal growth rate? A. 5.48% B. 6.38% C. 5.98% D. 7.34% E. 7.92%

C. 6.65

KBJ has total assets of $613,000. There are 21,000 shares of stock outstanding with a market value of $13 a share. The firm has a profit margin of 6.2 percent and a total asset turnover of 1.08. What is the price-earnings ratio? A. 6.38 B. 7.99 C. 6.65 D. 5.12 E. 7.41

B. 13.81

Kessler Cleaners has accounts receivable of $28,943, total assets of $387,600, cost of goods sold of $317,400, and a capital intensity ratio of .97. What is the accounts receivable turnover rate? A. 12.63 B. 13.81 C. 12.42 D. 14.61 E. 10.97