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. Please use excel sheet in case the values changes Galaxy United, Inc. 2009 Income Statement($ in millions)
Galaxy United, Inc. 2008 and 2009 Balance Sheets($ in millions) What is the return on equity for 2009? 24. P lease use excel sheet in case the values changes