Use the following information for the remaining problems. A company has the following income statement:...
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Accounting
Use the following information for the remaining problems. A company has the following income statement: 1. What is the company's quick ratio? A. 1.05 B. 1.50 C. 1.65 D. 1.95 E. 2.0 2. What is their coverage ratio? A. 3X B. 4X C. 5X D. 15x E. 30x 3. What is the company's current ratio? A. 1.05 B. 1.50 C. 1.65 D. 1.95 E. 2.0 4. What is the company's profit margin? A. 8% B. 2.4% C. 6% D. 24% E. 30% 5. What is the company's leverage ratio? A. 1.05 B. 1.50 C. 1.65 D. 1.95 E. 2.0 6. What is the company's return on equity? A. 8% B. 2.4% C. 6% D. 24% E. 48% 7. What is the company's return on assets? A. 8% B. 2.4% C. 6% D. 24% E. 50% 8. If the company's cost of capital is 20%, what is the economic value added? A. $180,000 D. $500,000 B. $270,000 E. $720,000 C. $300,000
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