Chapter 4 Web Quiz

# Chapter 4 Web Quiz - Quiz: Brigham/Houston: Fundamentals of...

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3 a. 2.12 b. 2.36 c. 2.60 d. 2.86 e. 3.14 status: correct (1.0) correct: b your answer: b feedback: Correct. 4 Given the data below, what is Firm B's quick ratio ? a. 2.01 b. 2.24 c. 2.48 d. 2.76 e. 3.04 status: correct (1.0) correct: d your answer: d feedback: Correct. 5 Given the data below, which firm is more liquid based on its liquidity ratios, A or B? Quiz: Brigham/Houston: Fundamentals of Financial Mana. .. http://webquiz.ilrn.com/ilrn/bca/user/quiz-public/run;js. .. 2 of 12 8/30/2010 10:34 AM
b. B status: correct (1.0) correct: b your answer: b feedback: Correct. 6 The asset management ratios are designed to see if the amount of assets a firm has are consistent with its volume of sales. True or false? True False status: correct (1.0) correct: true your answer: true feedback: Correct. 7 All of the asset turnover ratios are formed by dividing a balance sheet asset by annual sales. This tells us how frequently the assets are used up and replaced during a year. True or false? True False status: correct (1.0) correct: false your answer: false feedback: Sales are always used as the numerator, assets as the denominator. 8 Collins Corporation had sales of \$100,000, year-end receivables of \$12,000, inventories of \$21,500, and total assets of \$75,000. It uses a 365-day year for ratio calculations. What was its inventory turnover ratio? a. 3.77 b. 4.19 c. 4.65 d. 5.12 e. 5.63 status: correct (1.0) correct: c your answer: c feedback: Correct. Collins Corporation had sales of \$100,000, year-end receivables of \$12,000, inventories of \$21,500, and total assets of \$75,000. It uses a 365-day year for ratio calculations. What was Collins' total assets turnover ratio? a. 1.33

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## This note was uploaded on 05/26/2011 for the course BADM 312 taught by Professor Null during the Fall '10 term at GWU.

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Chapter 4 Web Quiz - Quiz: Brigham/Houston: Fundamentals of...

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