1.Jump to next question.
| |
| Use the following information for this and the next three questions.
SMJ Inc. had the following information on last year’s balance sheet.
Sales | $ 178,000 | Costs | 82,500 | Other expenses | 7,500 | Depreciation expense | 14,700 | Interest expense | 8,400 | Taxes | 21,400 | Dividends | 12,460 | | | 2002 New equity | $ 5,400 | Net new long-term debt | (2,400) | Increase in net fixed assets | 17,800 |
What was the operating cash flow for SMJ?
|
| | | Student Response | a. | 10,800 | b. | 17,860 | c. | 66,600 | d. | 7,060 |
| Score: | 1/1 | |
|
2.Jump to next question.
| |
| What was the cash flow to creditors for SMJ? |
| | | Student Response | a. | 10,800 | b. | 17,860 | c. | 66,600 | d. | 7,060 |
| Score: | 1/1 | |
|
3.Jump to next question.
| |
| What was the cash flow to stockholders of SMJ? |
| | | Student Response | a. | 10,800 | b. | 17,860 | c. | 66,600 | d. | 7,060 |
| Score: | 1/1 | |
|
4.Jump to next question.
| |
| What was the change in net working capital for SMJ? |
| | | Student Response | a. | 10,800 | b. | 16,240 | c. | 6,600 | d. | 7,060 |
| Score: | 1/1 | |
|
5.Jump to next question.
| |
| Use the following information for this and the next four questions.
You are given the following for TG Inc. for the last year:
Sales | $ 26,500 | Cost of goods sold | 18,850 | Depreciation expense | 2,900 | Interest expense | 400 | Dividends paid | 16,000 | New debt issued | 500 | | | Beginning Net fixed assets | $ 12,400 | Beginning Current assets | 2,600 | Beginning Current liabilities | 2,250 | | | Ending Net fixed assets | $ 15,250 | Ending Current assets | 3,890 | Ending Current liabilities | 2,650 | Tax rate | 40% |
What was its last year’s net income?
|
| | | Student Response | a. | (100) | b. | (730) | c. | 2,610 | d. | 5,910 |
| Score: | 1/1 | |
|
6.Jump to next question.
| |
| What was the TG Inc.’s operating cash flow last year? |
| | | Student Response | a. | (100) | b. | (730) | c. | 2,610 | d. | 5,910 |
| Score: | 1/1 | |
|
7.Jump to next question.
| |
| What was the TG Inc.’s cash flow from assets last year? |
| | | Student Response | a. | (100) | b. | (730) | c. | 2,610 | d. | 5,910 |
| Score: | 1/1 | |
|
8.Jump to next question.
| |
| What was the TG Inc.’s cash flow to creditors last year? |
| | | Student Response | a. | (100) | b. | (730) | c. | 2,610 | d. | 5,910 |
| Score: | 1/1 | |
|
9.Jump to next question.
| |
| What was the TG Inc.’s cash flow to stockholders? |
| | | Student Response | a. | (100) | b. | (630) | c. | 2,610 | d. | 5,910 |
| Score: | 1/1 | |
|
10.Jump to next question.
| |
| Use the following information for this and the next seventeen questions.
You are given the following for the Hanna Inc.
What is the current ratio at the end of the year? |
| | | Student Response | a. | 0.59 | b. | 0.64 | c. | 1.49 | d. | 3.19 |
| Score: | 1/1 | |
|
11.Jump to next question.
| |
| What is the Hanna Inc.’s quick ratio at the end of the year? |
| | | Student Response | a. | 0.59 | b. | 0.64 | c. | 1.49 | d. | 3.19 |
| Score: | 1/1 | |
|
12.Jump to next question.
| |
| What is the Hanna Inc.’s cash ratio at the end of the year? |
| | | Student Response | a. | 0.59 | b. | 0.64 | c. | 1.49 | d. | 3.19 |
| Score: | 1/1 | |
|
13.Jump to next question.
| |
| What is the Hanna Inc.’s total asset turnover at the end of the year? |
| | | Student Response | a. | 0.59 | b. | 0.64 | c. | 1.49 | d. | 3.19 |
| Score: | 1/1 | |
|
14.Jump to next question.
| |
| What is the Hanna Inc.’s inventory turnover at the end of the year? |
| | | Student Response | a. | 6.58 | b. | 0.58 | c. | 1.28 | d. | 0.37 |
| Score: | 1/1 | |
|
15.Jump to next question.
| |
| What is the Hanna Inc.’s receivables turnover at the end of the year? |
| | | Student Response | a. | 6.58 | b. | 0.58 | c. | 1.28 | d. | 0.37 |
| Score: | 1/1 | |
|
16.Jump to next question.
| |
| What is the Hanna Inc.’s total debt ratio at the end of the year? |
| | | Student Response | a. | 6.58 | b. | 0.58 | c. | 1.28 | d. | 0.37 |
| Score: | 1/1 | |
|
17.Jump to next question.
| |
| What is the Hanna Inc.’s debt-equity ratio at the end of the year? |
| | | Student Response | a. | 6.58 | b. | 0.58 | c. | 1.28 | d. | 0.37 |
| Score: | 1/1 | |
|
18.Jump to next question.
| |
| What is the Hanna Inc.’s equity multiplier at the end of the year? |
| | | Student Response | a. | 6.58 | b. | 1.58 | c. | 1.28 | d. | 0.37 |
| Score: | 1/1 | |
|
19.Jump to next question.
| |
| What is the Hanna Inc.’s times-interest-earned ratio at the end of the year? |
| | | Student Response | a. | 19.29 | b. | 0.24 | c. | 17.17 | d. | 0.37 |
| Score: | 1/1 | |
|
20.Jump to next question.
| |
| What is the Hanna Inc.’s cash coverage ratio at the end of the year? |
| | | Student Response | a. | 19.29 | b. | 0.24 | c. | 17.17 | d. | 0.37 |
| Score: | 1/1 | |
|
21.Jump to next question.
| |
| What is the profit margin for the year for the Hanna Inc.? |
| | | Student Response | a. | 19.29 | b. | 0.24 | c. | 17.17 | d. | 0.37 |
| Score: | 1/1 | |
|
22.Jump to next question.
| |
| What is the Hanna Inc.’s return on assets for the year? |
| | | Student Response | a. | 19.29 | b. | 0.24 | c. | 17.17 | d. | 0.37 |
| Score: | 1/1 | |
|
23.Jump to next question.
| |
| What is the Hanna Inc.’s return on equity for the year? |
| | | Student Response | a. | 19.29 | b. | 0.24 | c. | 17.17 | d. | 0.37 |
| Score: | 1/1 | |
|
24.Jump to next question.
| |
| What is the Hanna Inc.’s DuPont identity at the end of the year? |
| | | Student Response | a. | 0.37 x 0.64 x 1.58 | b. | 0.37 x 1.64 x 2.58 | c. | 0.37 x 0.64 x 2.58 | d. | 0.37 x 1.64 x 1.58 |
| Score: | 1/1 | |
|
25.Jump to next question.
| |
| What is the Hanna Inc.’s price-earning ratio at the end of the year? |
| | | Student Response | a. | 19.29 | b. | 0.24 | c. | 17.17 | d. | 24.93 |
| Score: | 1/1 | |
|
26.Jump to next question.
| |
| What is the Hanna Inc.’s dividend per share for the year? |
| | | Student Response | a. | 19.29 | b. | 0.72 | c. | 17.17 | d. | 0.37 |
| Score: | 1/1 | |
|
27.Jump to next question.
| |
| What is the Hanna Inc.’s market-to-book ratio at the end of the year? |
| | | Student Response | a. | 9.34 | b. | 0.24 | c. | 17.17 | d. | 0.37 |
| Score: | 1/1 | |
|
28.Jump to next question.
| |
| Use the following information for the Lowell, Inc. for this and the next two questions.
Sales | $200,000 | Debt | 95,000 | Dividends | 5,000 | Equity | 40,000 | Net income | 16,000 |
What is the company’s sustainable growth rate?
|
| | | Student Response | a. | 19.29% | b. | 09.24% | c. | 37.93% | d. | 08.87% |
| Score: | 1/1 | |
|
29.Jump to next question.
| |
| How much additional debt will Lowell Inc.require to keep the current debt-equity ratio constant if the company were to grow at the sustainable growth rate? |
| | | Student Response | a. | 186,206 | b. | 131,034 | c. | 36,034 | d. | 887,954 |
| Score: | 1/1 | |
|
30.Jump to next question.
| |
| At what growth rate could the Lowell Inc. grow if it did not wish to increase the amount of debt? |
| | | Student Response | a. | 19.29% | b. | 09.24% | c. | 37.93% | d. | 08.87%
|
| Score: | 1/1 | |
|