Abc, Inc., Has A Market-To-Book Ratio Of 2, Net

ABC, Inc., has a market-to-book ratio of 2, netQuestion 1 ABC, Inc., has a market-to-book ratio of 2, net income of \$82,313, a book value per share of \$19.5, and 46,103 shares of stock outstanding. What is the price-earnings ratio?Enter your answer rounded off to two decimal points. 1 points Question 2 The ability of the firm to pay off short-term obligations as they come due is indicated by:My Grade Point AverageTurnover RatiosLiquidity RatiosProfitability Ratios1 points Question 3 XYZ earned a net profit margin of 6.1% last year and had an equity multiplier of 2.4. If its total assets are \$83 million and its sales are 168 million, what is the firm’s debt ratio? Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box. 1 points Question 4 XYZ has total sales of \$202, assets of \$93, return on equity of 22%, and net profit margin of 5%. What is the amount of equity? Enter you answer rounded off to two decimal points. Do not enter \$ in the answer box. 1 points Question 5 Toast and Butter, Inc., has total assets of \$712,000 and an equity multiplier of 1.6. What is the debt-equity ratio?0.600.670.631.601.671 points Question 6 A firm has sales of \$350,000, a profit margin of 6 percent, a total asset turnover rate of 1.25, and an equity multiplier of 1.4. What is the return on equity?10.50 percent7.50 percent7.75 percent11.11 percent5.36 percent1 points Question 7 Smith Corporation has current assets of \$11,400, inventories of \$4,000, and a current ratio of 2.6. What is Smith s acid test ratio? Assume pre-paid expenses is zero.1.690.540.741.351 points Question 8 If the debt ratio is 0.60, the Debt/Equity Ratio is:1.250.251.200.200.801.51 points Question 9 If Roten, Inc., has a equity multiplier of 1.75, total asset turnover of 1.30, and profit margin of 8.5 percent, what is the return on equity (ROE)?19.34%2.275%1.75%14.875%1 points Question 10 If the debt ratio is 0.75, the Debt/Equity Ratio is:0.750.25151.7531 points Question 11 XYZ earned a net profit margin of 4% last year and had an equity multiplier of 2. If its total assets are \$93 million and its sales are 198 million, what is the firm’s return on assets? Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box. 1 points Question 12 If the Debt/Equity Ratio is 0.60. What is the Debt Ratio?0.400.3750.601o.44441 points Question 13 The Baker s Dozen has current liabilities of \$5,600, net working capital of \$2,100, inventory of \$3,900, and sales of \$13,500. What is the quick ratio? Assume pre-paid expenses are zero.0.680.701.381.472.081 points Question 14 A firm has total equity of \$70,312.50, a profit margin of 8 percent, an equity multiplier of 1.6, and a total asset turnover of 1.3. What is the amount of the firm s sales?\$91,406\$112,500\$121,500\$137,500\$146,2501 points Question 15 If the debt ratio is 0.80, the Equity Multiplier is:0.80.2151.841 points Question 16 ABC Corporation has the following ratios: Total Asset Turnover= 1.6 Total debt to total assets= 0.5 Current Ratio= 1.7 Current Liabilities= \$2,000,000 Sales = \$16,000,000 What is the amount of current assets?2,000,0003,200,0003,400,0001,000,0001 points Question 17 If the Debt/Equity Ratio is 0.50. What is the Debt Ratio?0.500.3750.601o.33331 points Question 18 ABC has total sales of \$208, assets of \$102, return on equity of 26%, and net profit margin of 8%. What is the debt ratio? Enter you answer in percentages rounded off to two decimal points. Do not enter % in the answer box. 1 points Question 19 If the debt ratio is 0.20, the Equity Multiplier is:1.250.251.200.200.801.51 points Question 20 ABC’s Balance Sheet lists Current Assets of \$300, Current Liabilities of \$200, Fixed Assets of \$700, Long-Term Debt of \$400. ABC has 200 shares outstanding. What is the market-to-book ratio (MTB) if the market price per share is \$8?4 times400 times2 times8 times0.25 times1 points Question 21 If the Debt/Equity Ratio is 0.80. What is the Debt Ratio?0.400.3750.601o.44441 points Question 22 Top Sound, Inc., has total assets of \$212,000, a debt-equity ratio of .6, and net income of \$9,500. What is the return on equity?6.87 percent7.17 percent7.34 percent7.50 percent7.67 percent1 points Question 23 Blackstone, Inc., has net income of \$9,555, a tax rate of 25%, and interest expense of \$696. What is the times interest earned ratio?Enter your answer rounded off to two decimal points.