# FIN homework

SDJ, Inc., has net working capital of $3,320, current liabilities of $4,270, and inventory of $4,170. |

What is the current ratio? (Round your answer to 2 decimal places. (e.g., 32.16)) |

Current ratio | times |

What is the quick ratio? (Round your answer to 2 decimal places. (e.g., 32.16)) |

Quick ratio | times |

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The Cape Corporation has ending inventory of $482,850, and cost of goods sold for the year just ended was $4,548,447. |

What is the inventory turnover? (Round your answer to 2 decimal places. (e.g., 32.16)) |

Inventory turnover | times |

What is the days’ sales in inventory? |

Days’ sales in inventory | days |

How long on average did a unit of inventory sit on the shelf before it was sold? |

Inventory days on shelf | days |

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Kindle Fire Prevention Corp. has a profit margin of 5.6 percent, total asset turnover of 1.8, and ROE of 20.14 percent. What is this firm’s debt–equity ratio? |

Debt–equity ratio |

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Isolation Company has a debt–equity ratio of 0.70. Return on assets is 7.6 percent, and total equity is $450,000. |

What is the equity multiplier? (Round your answer to 2 decimal places. (e.g., 32.16)) |

Equity multiplier |

What is the return on equity? (Round your answer to 2 decimal places. (e.g., 32.16)) |

Return on equity | % |

What is the net income? |

Net income | $ |

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A company has net income of $191,000, a profit margin of 9.4 percent, and an accounts receivable balance of $130,370. Assuming 70 percent of sales are on credit, what is the company’s days’ sales in receivables? |

Days’ sales in receivables | days |

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