Acct 346

INSTRUCTIONS: CLICK ON THE TEXT BOX TO THE go away OF THE QUESTION NUMBER AND ENTER THE LETTER THAT REPRESENTS YOUR ANSWER. level YOUR CALCULATIONS IN THE TEXT BOXES BY CLICKING ON THE BOX. 1.Jada Co.s cabbage gross revenue be $1,000,000; middling schedule $230,000; crispen 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; ordinary inventory of $200,000; cost of goods sold of $750,000; and net sales of $1,000,000. Their inventory derangement was: A.4.00 B.3.75 C.5.00 D.4.50 3. Which of the future tense(a) ratios is a stringent test of a keep participations liquidity? A. current ratio. B.working capital. C.debt-to-equity ratio. D.quick ratio. 4. Which of the chase includes operating(a) income in the ratios numerator? A. Times interest get B. Debt-to-equity ratio C.Acid-test ratio D. unadulterated margin percentage hold 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; second-rate 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 turnover D.Asset turnove r 8. The higher this ratio, the riskier t! he company becomes in the look 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 secure essay, order it on our website: OrderEssay.net

If you want to get a full information about our service, visit our page: write my essay