What is the common-size percentage for the net income

Assignment Help Accounting Basics
Reference no: EM13990479

28. Foreign Travel Services has net income of $48.400. total assets of $219,000. total equity of $154800, and total sales of $311,700. What is the common-size percentage for the net income?

A. 9.00 percent
B. 13.90 percent
C. 15.53 percent
D. 22.10 percent
E. 31.27 percent

29. Healthy Foods has total assets of $129,800, net fixed assets of $71,500. long-term debt of $52,000, and total debt of $78,700. If inventory is $31,800, what is the current ratio?

A. 0.33
B. 0.46
C. 0.84
D. 1.18 
E. 2.18

30. A firm has net working capital of $3,800 and current assets of 11,700. What is the current ratio?

A. 0.34
B. 0.60
C. 1.48
D. 1.65
E. 2.92

31. You are analyzing a company that has cash of $11.200, accounts receivable of 527.800. fixed assets of $124,600, accounts payable of $31,300, and inventory of $56,900. What is the quick ratio?

A. 0.30
B. 0.67
C. 0.80
D. 1.25
E. 1.37

32. A firm has total assets of $523.100. current assets of $186,500, current liabilities of $141,000. and total debt of $215,000. What is the debt-equity ratio?

A. 0.48 
B. 0.70 
C. 1.10
D. 1.43
E. 2.13

33. Todd will be receiving a $10,000 bonus one year from now. The process of determining how much that bonus is worth today is called:

A. aggregating.
B. discounting.
C. simplifying.
D. compounding.
E. extrapolating.

Reference no: EM13990479

Questions Cloud

How much does she need to deposit now : Anne wants $15,000 in 5 years. If her savings account earns 6% a year, how much does she need to deposit now? a. $9,725.75 b. $11,208.87 c. $10,500 d. $12,317.51
An investment opportunity having a market price : An investment opportunity having a market price of $1,000,000 is available. You could obtain a $750,000, 25-year mortgage loan requiring equal monthly payments with interest at 7.0 percent.
Makes communications devices for military contracts : An electronics company makes communications devices for military contracts. The company just completed two contracts. The navy contract was for 2,300 devices and took 25 workers two weeks (40 hours per week) to complete. The army contract was for 5,5..
Health care system and absorbs a significant portion : The insurance industry plays a major role in the American health care system and absorbs a significant portion of the health care dollar. A single payer system, whether it is a private company or the U. S. government, would eliminate the complex insu..
What is the common-size percentage for the net income : Foreign Travel Services has net income of $48.400. total assets of $219,000. total equity of $154800, and total sales of $311,700. What is the common-size percentage for the net income? Healthy Foods has total assets of $129,800, net fixed assets of ..
Actual average settlement time : Estimate, with 95% confidence, the actual average settlement time (in days) for claims received by the Explorer Fund only. Interpret the result.
Implemented on an individual and a business scale : Explain, with an example, how eco-efficiency can be implemented on an individual and a business scale.
Calculate the mean poverty rate for gender on pei : The Canadian council of social development (CCSD) has the following poverty information on males and females in PEI, Calculate the mean poverty rate for gender on PEI. Calculate the median poverty rate for gender on PEI
What characteristics make diversity training most effective : Discuss what characteristics make diversity training most effective along with at least three different approaches to diversity training.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd