1.

Question 1
Use the information provided to analyze the profitability of SDHS Co using the following ratios: return on assets

Sales 350,000
Gross profit 206,500
Net income 115,000
Interest expense 2,875
Average total assets 875,000
Average total shareholders' equity 500,000
Weighted-average common shares outstanding 25,000
The return on assets is 13.14%

2.Question 2
Use the information provided to analyze the profitability of SDHS Co using the following ratios: return on equity

Sales 350,000
Gross profit 206,500
Net income 115,000
Interest expense 2,875
Average total assets 875,000
Average total shareholders' equity 500,000
Weighted-average common shares outstanding 25,000
The return on equity is 23.00%

3.Question 3
Use the information provided to analyze the profitability of SDHS Co using the following ratios: gross profit ratio

Sales 350,000
Gross profit 206,500
Net income 115,000
Interest expense 2,875
Average total assets 875,000
Average total shareholders' equity 500,000
Weighted-average common shares outstanding 25,000
The gross profit ratio is 59.00%

4.Question 4
Use the information provided to analyze the profitability of SDHS Co using the following ratios: earnings per share. SDHS Co has no preferred stock.

Sales 350,000
Gross profit 206,500
Net income 115,000
Interest expense 2,875
Average total assets 875,000
Average total shareholders' equity 500,000
Weighted-average common shares outstanding 25,000
The earnings per share is $4.60

5.Question 5
Analyze the liquidity of BooZara, a dog food manufacturer -

All data are in millions $ in millions

Cash 961
Average net accounts receivable 1236
Average inventory 2092
Total current assets 4503
Total current liabilities 3847
Net credit sales 19050
Cost of goods sold 14954
The current ratio is ###

6.Question 6
Analyze the liquidity of BooZara, a dog food manufacturer -

All data are in millions $ in millions

Cash 961
Average net accounts receivable 1236
Average inventory 2092
Total current assets 4503
Total current liabilities 3847
Net credit sales 19050
Cost of goods sold 14954
The inventory turnover ratio is 7.1481836

7.Question 7
Analyze the liquidity of BooZara, a dog food manufacturer, using the current ratio, inventory turnover ratio, and accounts receivable turnover ratio.
All data are in millions $ in millions
Cash 961
Average net accounts receivable 1236
Average inventory 2092
Total current assets 4503
Total current liabilities 3847
Net credit sales 19050
Cost of goods sold 14954
The accounts receivable turnover ratio is

8.Question 8
The following selected information is from Cloudy's annual report for the years ended December 31:

2012
Sales 44,000
Interest expense 1,000
Net income 12,000
Total assets 46,500
Refer to the annual report above. Calculate the asset turnover ratio for 2010.

Options:
a) 1.45 times
b) 0.375 times
c) 1.10 times
d) Can't be determined

9.Question 9
The following selected information is from Cloudy's annual report for the years ended December 31:

2012
Sales 44,000
Interest expense 1,000
Net income 12,000
Total assets 46,500
Refer to the annual report above. Calculate the asset turnover ratio for 2011

Options:
a) 1.13 times
b) 0.375 times
c) 1.40 times
d) Can't be determined
10.Question 10
Assets
Cash 10,000
Accounts receivable 2,030
Supplies 180
Prepaid insurance 2,000
Equipment 25,000
Building 110,000
Calculate the current ratio 0.12
CA 14,210

Options:
a) 0.65 times
b) 1.15 times
c) 1.5 times
d) 2.15 times
Options:
a) 13%
b) 13.50%
c) 14%
d) 14.50%

Options:
a) 21%
b) 23%
c) 27%
d) 35%

Options:
a) 45%
b) 50%
 c) 59%
d) 65%

e. SDHS Co has no preferred stock.

Options:
a) $3.6
b) $4.6
c) $5.6
d) $6.6

$ in millions Options:
a) 1.2
b) 2.2
c) 3.2
d) 4.2
$ in millions Options:
a) 7.1
b) 8.1
c) 9.1
d) 10.1

accounts receivable turnover ratio.

$ in millions
Options:
a) 13.4
b) 14.4
c) 15.4
d) 16.4
 2011 2010
29,300 23200
300 200
8,000 6,000
26,000 16,000
1.45

2011 2010
29,300 23200
300 200
8,000 6,000
26,000 16,000
1.126923077
Liabilities & shareholders' equity
Accounts payable 20,750
Wages payable 1220
Notes payable (due in 2 years) 8,000

Common stock 100,000

Retained earnings 19,240

CL 121,970