Question 5 3.75 pts Jim and John's Sandwich Shop has noticed that their Profit Margin...
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Question 5 3.75 pts Jim and John's Sandwich Shop has noticed that their Profit Margin has increased this year. What are all the possible causes for this? (Select all that apply) The company's SG&A Expenses have decreased The company's debt level has increased The company's variable costs (COGS) have decreased The company's sales have increased Question 6 3.75 pts Harvey's Fishing Supply Warehouse has the following on its balance sheet. Current assets = $425,000 Long-term and other assets = $500,000 Current liabilities = $265,000 Long-term and other liabilities = $150,000 Shareholders Equity = $510,000 Compute the Company's Debt to Equity Ratio. O 1.62 O 0.81 O 0.29 0 0.51 Question 7 3.75 pts Ernesto's Bike Shop's balance sheet includes the following. Current assets = $25,000 Long-term and other assets total = $200,000 Current liabilities = $1,500 Long-term liabilities = $50,000 Compute the Bike Shop's Working Capital. O $51,500 O $173,500.00 O ($25,000) O $23,500.00 Question 8 3.75 pts Sabrina's Subs shows the following on its balance sheet. Current assets = $425,000 Long-term and other assets = $500,000 Current liabilities = $165,000 Long-term and other liabilities = $150,000 Compute the company's debt to total assets ratio. O 0.55 0.34 0.39 0.21
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