What does it mean when the Asset Turnover of Jake and Jack is 1.75X. That: a. Jake and Jack has only $175 in its savings account b. The earnings per share of Jake and Jack is $1.75 c. Each dollar asset of Jake and Jack generates $1.75 in sales d. Each dollar of equity Jake and Jack is equal to 1.75 in inventory. e. None of the above.
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14. What does it mean when the Asset Turnover of Jake and Jack is 1.75X. That:
a. Jake and Jack has only $175 in its savings account
b. The earnings per share of Jake and Jack is $1.75
c. Each dollar asset of Jake and Jack generates $1.75 in sales
d. Each dollar of equity Jake and Jack is equal to 1.75 in inventory.
e. None of the above.
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- 2. If the quick assets of the company amounted to P90,000, and the quick ratio is 9, how much is the current liabilities of the entity? *a. P810,000b. P89,997c. P90,009d. P10,000 7. If net sales amounted to P200,000, net income before tax is P80,000 and the income tax rate is 30%, how much is the profit margin ratio? *a. 0.40b. 0.28c. 2.5d. 3.57 8. Interest expense for the year amounted to P90,000. Income tax expense is P100,000. If net income after tax is P620,000, what is the times interest earned ratio? *a. 6.2b. 9c. 6.888d. P720,000Silas 4-Wheeler, Inc. has an ROE of 18.72 percent, equity multiplier of 2.00, and a profit margin of 18.00 percent. What is the total asset turnover and the capital intensity? (Round your answers to 2 decimal places.)16. The following financial information was provided by Anya Company: Net Income 8,255,000.00 NOPAT 75,785,000.00 EBITDA 143,000,000.00 Net Profit Margin 6.00% Operating capital 425,070,000.00 After tax cost of capital 12.00% Tax rate 35.00% Assuming the Company has no amortization expense, how much is its depreciation expense? Use 2 decimal places in your final answer
- 21 - If the net profit of a business is 1.200.000 TL and its total assets are 4.000.000 TL, what is the total asset profitability ratio of this business according to these data? a) None B) 0.6 NS) 0.5 D) 0.4 TO) 0.3SDJ, Inc., has net working capital of $2,210, current liabilities of $5,490, and inventory of $1,235. a. What is the current ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the quick ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)Calculate return on assets and profit margin.LO9 The following information is available for Ware Ltd for 2018: sales revenue $7 840 000; cost of sales $3 528 000; profit $1 176 000; total equity $2 233 300; average total assets $5 113 000. Calculate the return on assets and profit margin for Ware Ltd for 2018.