ABC Company has sales of $500,000, COGS of $250,000, operating expenses of $200,000, net income of $15,000 and an inventory turnover of 5. What is the times interest ratio if ABC pays $10,000 interest? 1 O2 O3 04
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- Kingery Corporation has current assets of $1,800,000 and current liabilities of $750,000. If they pay $250,000 of their accounts payable, what will their new current ration be, given that the current ratio is current assets/current liabilities?JPJ Corp has sales of $1.00 million, accounts receivable of $50,000, total assets of $5.00 million (of which $3.00 million are fixed assets), inventory of $150,000, and cost of goods sold of $600,000. What is JPJ's accounts receivable days? Fixed asset turnover? Total asset turnover? Inventory turnover? What is JPJ's accounts receivable days? JPJ's accounts receivable days are days. (Round to two decimal places)Ladders, Inc. has a net profit margin of 5.2% on sales of $50.6 million. It has book value of equity of $38.1 million and total book liabilities of $30.9 million. What is Ladders' ROE? ROA? Note: Assume the value of Interest Expense is equal to zero. What is Ladders' ROE? Ladders' ROE is enter your response here %. (Round to two decimal places.) Part 2 What is Ladders' ROA? Ladders' ROA is enter your response here %. (Round to two decimal places.)
- Oliver Incorporated has a current ratio sales and its current liabilities are $2 million. What is the company's inventory turnover ratio? = 2.6, and a quick ratio equal to 2.2. The company has $4 million inChutes & Co. has interest expense of $1.05 million and an operating margin of 11.9% on total sales of $29.99 million. What is Chutes' interest coverage ratio? Chutes' interest coverage ratio is times. (Round to two decimal places.)Chutes & Co. has interest expense of $1.69 million and an operating margin of 10.7% on total sales of $29.8 million. What is Chutes' interest coverage ratio? The interest coverage ratio is _____ times. (Round to one decimal place.)
- The Lancaster Corporation’s income statement is given below. LANCASTER CORPORATION Sales $ 265,000 Cost of goods sold 137,000 Gross profit $ 128,000 Fixed charges (other than interest) 25,100 Income before interest and taxes $ 102,900 Interest 19,100 Income before taxes $ 83,800 Taxes (35%) 29,330 Income after taxes $ 54,470 a. What is the times-interest-earned ratio? (Round your answer to 2 decimal places.)K Chutes & Co. has interest expense of $1.92 million and an operating margin of 10,9% on total sales of $30.38 million What is Chutes interest coverage ratio? Chutes interest coverage ratio is times (Round to two decimal places.) CICOrono Corp.'s sales last year were $465,000, its operating costs were $362,500, and its interest charges were $12,500. What was the firm's times interest earned (TIE) ratio? Select the correct answer. a. 9.70 b. 8.70 c. 9.20 d. 8.20 e. 10.20
- Ladders, Inc. has a net profit margin of 5.4% on sales of $49.3 million. It has book value of equity of $41.7 million and total book liabilities of $29.2 million. What is Ladders' ROE? ROA? Note: Assume the value of Interest Expense is equal to zero. What is Ladders' ROE? Ladders' ROE is%. (Round to two decimal places.)JPJ Corp has sales of $1.27 million, accounts receivable of $52,000, total assets of $4.96 million (of which $2.77 million are fixed assets), inventory of $152,000, and cost of goods sold of $604,000. What is JPJ's accounts receivable days? Fixed asset turnover? Total asset turnover? Inventory turnover? What is JPJ's accounts receivable days? JPJ's accounts receivable days are enter your response here days. (Round to two decimal places.) Part 2 What is JPJ's fixed asset turnover? JPJ's fixed asset turnover is enter your response here . (Round to two decimal places.) Part 3 What is JPJ's total asset turnover? JPJ's total asset turnover is enter your response here . (Round to two decimal places.) Part 4 What is JPJ's inventory turnover? JPJ's inventory turnover is enter your response here .D4) ABC Company Limited has an inventory conversion period of 45 days, an accounts receivable collection period of 36 days, and a payables deferral of 35 days (assume a 360 day-year).If the firm’s sales are $4,250,000, how much inventory is on the firm’s statement financial position?