FIN – Soaring Eagles Corp.

Soaring Eagles Corp. has total current assetsof $11 292 000 current liabilities of $5 546 000 and a quick ratio of 0.73.What is its level of inventory?Your Answer:Question 1 options:AnswerSaveQuestion 2 (1 point)Question 2 UnsavedBoulder Mountain Ski Company has total assets of $453 600 000 and a debt ratio of 0.25. Calculate the companyӳ debt-to-equity ratio.Your Answer:Question 2 options:AnswerSaveQuestion 3 (1 point)Question 3 UnsavedThe Timber Ridge Company has the following relationships:Sales/Total assets = 2.62; ROA = 0.1010What is Timber Ridgeӳ net profit margin?Your Answer:Question 3 options:AnswerSaveQuestion 4 (1 point)Question 4 UnsavedSawaya Company had depreciation and amortization expenses of $522 311 interest expenses of $114 077 and an EBITDA of $1 521 087 for the year ended June 30 2010. What is the Times Interest Earned for this company?Question 4 options:13.3 times8.8 times.6 timesNone of the aboveSaveQuestion 5 (1 point)Question 5 UnsavedArchware Systems has total assets of $35.594billion total debt of $9.678 billion and net sales of $23.970 billion. Theirnet profit margin for the year was 0.18 while the operating profitmargin was 30 percent. What is Archwareӳ net income? (Answer needs to be stated in billions. For example: 2.83)Your Answer:Question 5 options:AnswerSaveQuestion 6 (1 point)Question 6 SavedWhich one of the following statements is NOT true?Question 6 options:DSO measures in days the time the firm takes to convert its receivables into cash.One ratio that measures the efficiency of a firm’s collection policy is days’ sales outstanding.The accounts receivables turnover ratio measures how quickly the firm collects on its credit sales.The more days that it takes the firm to collect on its receivables the more efficient the firm is.SaveQuestion 7 (1 point)Question 7 UnsavedBlue Air Inc. has net sales of $752 000 and accounts receivables of $166 000. What are the firm’s accounts receivables turnover?Your Answer:Question 7 options:AnswerSaveQuestion 8 (1 point)Question 8 UnsavedJP Vineyards has sales of $853 000 a gross profit margin of 0.373 and inventory of $173 000. What is the company’s inventory turnover ratio?