FIN 571 Week 2 Connect Problems Solutions (2017 version) Homework | Page 3

Dividends 1,136 1,231
Prepare an income statement for this company for 2014 and 2015 .
The current ratio is measured as :
The quick ratio is measured as :
The inventory turnover ratio is measured as :
Al ' s Sport Store has sales of $ 3,250 , costs of goods sold of $ 2,190 , inventory of $ 508 , and accounts receivable of $ 433 . How many days , on average , does it take the firm to sell its inventory assuming that all sales are on credit ?
The receivables turnover ratio is measured as :
The total asset turnover ratio measures the amount of :
Ratios that measure a firm ' s ability to pay its bills over the short run without undue stress are known as :
The debt-equity ratio is measured as :
A firm has a total debt ratio of . 47 . This means the firm has 47 cents in debt for every :
A firm has total debt of $ 1,220 and a debt-equity ratio of . 26 . What is the value of the total assets ?
A firm has a debt-equity ratio of . 42 . What is the total debt ratio ?
Ratios that measure how efficiently a firm ' s management uses its assets and equity to generate bottom line net income are known as _______ ratios