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- 1calculating liquidity ratios lo2 sdj inc has net working capital...
Question: 1calculating liquidity ratios lo2 sdj inc has net working capital...
Question details
1.Calculating Liquidity Ratios [LO2] SDJ, Inc., has net
working capital of $2,170, current liabilities of $4,590, and
inventory of $3,860. What is the current ratio? What is the quick
ratio?
2. DuPont Identity [LO3] Jack Corp. has a profit margin of 6.4
percent, total asset turnover of 1.77, and ROE of 15.84 percent.
What is this firm’s debt-equity ratio?
3. Sources and Uses of Cash [LO1] Based only on the following
information for Thrice Corp., did cash go up or down? By how much?
Classify each event as a source or use of cash.
4. Calculating Average Payables Period [LO2] Heritage, Inc.,
had a cost of goods sold of $68,314. At the end of the year, the
accounts payable balance was $15,486. How long on average did it
take the company to pay off its suppliers during the year? What
might a large value for this ratio imply?
5. Using the DuPont Identity [LO3] Y3K, Inc., has sales of
$6,183, total assets of $2,974, and a debt-equity ratio of .57. If
its return on equity is 11 percent, what is its net income?
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