21) Which of the ratios helps to evaluate how well a company is earning profit for the common shareholders? 22) Which ratio measures the earnings of a company on each sales dollar? 23)...





21) Which of the ratios helps to evaluate how well a company is earning profit for the common shareholders?







22) Which ratio measures the earnings of a company on each sales dollar?







23) Current assets divided by current liabilities yields the __________ ratio.







24) Inventory and prepaid expenses are NOT included in the computation of the __________ ratio.







25) A company with an accounts receivable turnover of four means that the company collects its receivables approximately every __________ days.





26) The debt ratio is the relationship between total __________ and total __________.







27) The ratio that measures the productivity of total assets used is the __________.







28) The current ratio for a company with current assets of $70,000, quick assets of $30,000, total assets of $150,000, current liabilities of $50,000, and net sales of $80,000 would be __________.







29) Isaiah Company has net income of $720,000, beginning total assets of $2,100,000, and ending total assets of $2,300,000. Isaiah's return on total assets is __________.







30) Barry Builder's operating income for the year was $75,000. The interest expense was $11,500 and the tax expense was $6,500. Barry's times interest earned for the year is __________.









May 15, 2022
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