116.Refer to the information above. Eleva Corporation's accounts receivable turnover for 2015 is closest to:
A. 4.63 times.
B. 2.91 times.
C. 5.42 times.
D. 68 days.
117.Refer to the information above. Eleva Corporation's inventory turnover for 2015 is closest to:
A. 6.67 times.
B. 3.99 times.
C. 4.15 times.
D. 94 days.
118.Refer to the information above. Eleva Corporation's days to collect accounts receivable for 2015 is:
A. 54.7 days.
B. 67.3 days.
C. 88.0 days.
D. 94.0 days.
119.Refer to the information above. Eleva Corporation's days to sell the average inventory for 2015 is:
A. 91.5 days.
B. 67.3 days.
C. 94.0 days.
D. 125.4 days.
120.Refer to the information above. Eleva Corporation's operating cycle (in days) for 2015 is:
A. 158.8 days.
B. 122.0 days.
C. 213.4 days.
D. 188.0 days.
121.An organization that provides ratings of corporate governance services is:
A. SEC.
B. ISS.
C. IRS.
D. IBM.
122.In order for investors and creditors to decide whether to invest in a company or loan a company funds they may:
A. Only analyze financial statements.
B. Only focus on corporate governance.
C. Both analyze financial statements and focus on corporate governance.
D. Neither analyze financial statements nor focus on corporate governance.
123.Which of the following is
not
a measure of long-term credit risk?
A. Quick ratio.
B. Debt ratio.
C. Interest coverage ratio.
D. Yield rate on bonds.
124.All of the following ratios are considered measures of profitability
except:
A. Earnings per share.
B. Gross profit rate.
C. Price earnings ratio.
D. Return on assets.
125.Which of the following is a measure of profitability?
A. Inventory turnover rate.
B. Quick ratio.
C. Interest coverage ratio.
D. Return on assets.
126.The interest coverage ratio is computed by dividing:
A. Operating income by annual interest expense.
B. Net income by annual interest expense.
C. Carrying value of bonds by cash interest payments.
D. Earnings per share by the prime interest rate.