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SA1.docx - Question 1 1 out of 1 points Use the information...

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Question 1 1 out of 1 points Use the information above regarding RiverHawk Corpotation to answer questions 1-20. RiverHawk Corporation Income Statement for Year Ending December 31, 2012 Sales $5,500 Cost of Goods Sold 4,300 Gross Profit 1,200 G&A Expense 300 Depreciation 180 Total Operating Costs 4,780 EBIT 720 Less Interest 156 EBT 564 Taxes (30%) 169 Net Income 395 Dividends (65%) 257 Addition to Retained Earnings (35%) 138 No. of Shares of Common Stock Outstanding 8,500 Market Price of Common Stock ($/share) $26 RiverHawk Corporation Balance Sheet December 31, 2012
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Beginning End Assets Cash 260 322 Accounts Receivable 349 490 Inventories 866 1,247 Total Current Assets 1,475 2,059 Net Plant and Equipment 3,650 3,470 Total Assets 5,125 5,529 Liabilities Accounts Payable 273 312 Notes Payable 150 174 Accruals 48 51 Total Current Liabilities 471 537 Long-Term Debt 2,000 2,200 Common Stock 2,500 2,500 Retained Earnings 154 292 Total Owners Equity 2,654 2,792 ____ ____ Total Liabilities and Owners Equity 5,125 5529
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What is the current ratio at the end of the year? Selected Answer: 3.83 4 Question 2 1 out of 1 points What is the quick ratio at the end of the year? Selected Answer: 1.51 2 Question 3 1 out of 1 points What is the cash ratio at the end of the year? Selected Answer: 0.6 0 Question 4 1 out of 1 points What is the total asset turnover at the end of the year? Selected Answer: 0.99 48 Question 5 0 out of 1 points What is the inventory turnover at the end of the year? Selected Answer: 4.21 6 Question 6 1 out of 1 points What is the receivables turnover at the end of the year? Selected Answer: 11.2 24 Question 7 1 out of 1 points What is the total debt ratio at the end of the year? Selected Answer: 0.49 5 Question 8 1 out of 1 points What is the debt to equity ratio at the end of the year? Selected 0.98
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Answer: 0 Question 9 1 out of 1 points What is the equity multiplier at the end of the year? Selected Answer: 1.98 0 Question 10 1 out of 1 points What is the times-interest-earned ratio at the end of the year? Selected Answer: 4.61 5 Question 11 0 out of 1 points What is the cash coverage ratio at the end of the year? Selected Answer: 5.29 0 Question 12 1 out of 1 points What is the profit margin for the year? Selected Answer: 7.178 % Question 13 1 out of 1 points What is the return on assets for the year? Selected Answer: 7.141 % Question 14 1 out of 1 points What is the return on equity for the year? Selected Answer: 14.139 % Question 15 1 out of 1 points What is the DuPont identity at the end of the year?
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