Accounting Quiz

IT IS STRONGLY RECOMMENDED YOU DO NOT SUBMIT THIS ASSIGNMENT UNTIL THE SOLUTION FROM THE ACCRUAL HOMEWORK IS RELEASED TO YOU! MAKE SURE TO USE END OF YEAR VALUES (2018)!

Question 1 3 pts

Calculate the current ratio.

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Question 2 1 pts

Classify the current ratio you just calculated according to the following benchmarking procedure.

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Question 34 pts

Calculate working capital.

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Question 43 pts

Calculate working capital to gross revenues

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Question 51 pts

Classify the working capital to gross revenues ratio you just calculated according to the following benchmarking procedure.

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Question 63 pts

Calculate the debt-to-asset ratio as a percentage to the nearest hundredth (two places after the decimal).

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Question 71 pts

Classify the debt-to-asset ratio you just calculated according to the following benchmarking procedure.

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Question 83 pts

Calculate the equity-to-asset ratio as a percentage to the nearest hundredth (two places after the decimal).

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Question 91 pts

Classify the equity-to-asset ratio you just calculated according to the following benchmarking procedure.

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Question 103 pts

Calculate the debt-to-equity ratio as a percentage to the nearest hundredth (two places after the decimal).

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Question 111 pts

Classify the debt-to-equity ratio you just calculated according to the following benchmarking procedure.

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Question 124 pts

Calculate net farm income. Remember to include dollar signs, comma separators after thousands of dollars, and round to the nearest whole cent.

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Question 133 pts

Calculate return on assets as a percentage to the nearest hundredth (two places to the right of the decimal).

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Question 141 pts

Classify the return on assets ratio you just calculated according to the following benchmarking procedure.

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Question 153 pts

Calculate return on equity as a percentage to the nearest hundredth (two places to the right of the decimal).

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Question 161 pts

Classify the return on equity ratio you just calculated according to the following benchmarking procedure.

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Question 173 pts

Calculate operating profit margin as a percentage to the nearest hundredth (two places to the right of the decimal).

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Question 181 pts

Classify the return on equity ratio you just calculated according to the following benchmarking procedure.

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Question 193 pts

Calculate asset turnover ratio as a percentage to the nearest hundredth (two places to the right of the decimal).

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Question 201 pts

Classify the return on equity ratio you just calculated according to the following benchmarking procedure.

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Question 213 pts

Calculate operating expense ratio as a percentage to the nearest hundredth (two places to the right of the decimal).

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Question 221 pts

Classify the operating expense ratio you just calculated according to the following benchmarking procedure.

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Question 233 pts

Calculate depreciation expense ratio as a percentage to the nearest hundredth (two places to the right of the decimal).

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Question 241 pts

Classify the depreciation expense ratio you just calculated according to the following benchmarking procedure.

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Question 253 pts

Calculate interest expense ratio as a percentage to the nearest hundredth (two places to the right of the decimal).

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Question 261 pts

Classify the depreciation expense ratio you just calculated according to the following benchmarking procedure.

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Question 273 pts

Calculate net farm income ratio as a percentage to the nearest hundredth (two places to the right of the decimal).

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Question 281 pts

Classify the net farm income ratio you just calculated according to the following benchmarking procedure.