Quiz – Finding the Sales Amount of a Company
Essentials of Corporate Finance
Ross, Westerfield, and Jordan
10th Edition
Calculate the sales amount of a company using its total equity, profit margin, equity multiplier, and total asset turnover.
Calculate the sales amount of a company using its total equity, profit margin, equity multiplier, and total asset turnover.
Calculate the sustainable growth rate of a business with given information about its sales, current assets, net income, net fixed assets, total debt, and dividends.
Calculate the sustainable growth rate for a company with a constant debt-equity ratio, net income, dividend paid, and total assets.
Calculate the total debt ratio for a company given its total equity, long-term debt, net working capital, and total assets.
Calculate the length of Furniture Outlet’s operating cycle, given the company’s accounts receivable period, accounts payable period, inventory turnover rate, and average markup percentage.
Calculate Gaming Station’s inventory turnover rate for their popular electronic game, based on the restocking frequency.
Calculate the length of the operating cycle for Gerald Promotions using the receivables turnover, payables turnover and inventory turnover rates.
Calculate the short-term loan balance at the end of Q2 for Holiday Tree Farm, given its cash balance, net cash inflow, net cash outflow, interest rate, and minimum cash balance requirements.
Determine the impact of the changes in operating and cash cycle on the accounts payable period at The Happy Flapjack Diner.
Calculate Johnson Inc.’s effective cost of borrowing by determining the interest rate associated with its immediate factorization of receivables, assuming all accounts are collected in full.