What was the firm’ s net income?( Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e. g., 1,234,567. Round your answer to the nearest whole number, e. g., 32.) b. What was the firm’ s operating cash flow?( Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e. g., 1,234,567. Round your answer to the nearest whole number, e. g., 32.) 9. Please use excel sheet in case the values changes Use the following information for Ingersoll, Inc.,( assume the tax rate is 35 percent): a. Prepare an income statement for this company for 2014 and 2015. b. Prepare the balance sheet for this company for 2014 and 2015. 10. Please use excel sheet in case the values changes Jessica ' s Boutique has cash of $ 54, accounts receivable of $ 52, accounts payable of $ 220, and inventory of $ 160. What is the value of the quick ratio? 11. Please use excel sheet in case the values changes Al ' s Sport Store has sales of $ 3,020, costs of goods sold of $ 2,020, inventory of $ 523, and accounts receivable of $ 448. How many days, on average, does it take the firm to sell its inventory assuming that all sales are on credit? 12. Which statement expresses all accounts as a percentage of total assets? 13. The inventory turnover ratio is measured as: The quick ratio is measured as: 14.
The total asset turnover ratio measures the amount of: 15. A firm has a debt-equity ratio of. 44. What is the total debt ratio? 16. Please use excel sheet in case the values changes A firm has total debt of $ 1,340 and a debt-equity ratio of. 27. What is the value of the total assets? 17. Please use excel sheet in case the values changes A firm has a total debt ratio of. 47. This means the firm has 47 cents in debt for every: 18. Which one of the following sets of ratios would generally be of the most interest to stockholders? 19. Ratios that measure how efficiently a firm ' s management uses its assets and equity to generate bottom line net income are known as _______ ratios. Ratios that measure a firm ' s ability to pay its bills over the short run without undue stress are known as: 20. The higher the inventory turnover, the: 21.
The debt-equity ratio is measured as: 22. Please use excel sheet in case the values changes The Purple Martin has annual sales of $ 4,600, total debt of $ 1,220, total equity of $ 2,300, and a profit margin of 6 percent. What is the return on assets? 23.