The following balance sheet information is provided for Mash co.for 2018 :
| Assets | 64,000 |
| Liabilities & Equity | |
| Accounts Payable | 3,840 |
| Salaries Payable | 9,040 |
| Bonds Payable (mature in yr 2022 | 10,100 |
| common Equity | 41,020 |
| Total Liabilities & Equity | 64,000 |
what is the company's debt to assets ratio (rounded)?
a. 6%
b. 20%
c. 36%
d. 279%
ACC earned $8,000 in profit on net sales of $37,200 it's grossmargin was $23,500 and its earnings before interst and taxes was$13,150. ACC's net margin is:
a. 465.0 %
b. 63.2%
c. 35.3%
d. 21.5%
Select the correct Statement regarding vertical analysis:
a. vertical analysis of the income statement involves showing eachline item on the income statement as a percentage of total revenue(sales)
b. vertical analysis of the balance sheet involves showing eachline item on the balance sheet as a percentage of totalassets.
c. Both a,b are correct.
d. Nethier q, b correct.
Which of the following liquidity ratios is a conservativevariation of the current ratio?
a. Quick Ratio
b. Book Value per Share.
c. Inventory Turnover
d. Debt to assets
