Ques. 8) The Johnson and Baker Company increased investments in foreign securiti

Question

Ques. 8) The Johnson and Baker Company increased investments in foreign securities by $ 120,000, funded fixed asset acquisitions by $ 1,500,000, and sold $ 90,000 of long-term debt. Also, the firm had a net inflow of $ 300,000 from the sale of assets. What is the net cash used in investing activities? a) $ 1,320,000 b) $ 1,230,000 c) $ 1,410,000 d) $ 1,800,000 Ques. 14) Kleaner Kars has a return on assets of 6.75 percent, a total asset turnover rate of 1.3, and an equity multiplier of 1.6. Using the Dupont Identity, what is the return on equity? a. 8.30 percent b. 8.78 percent c. 10.80 percent d. 14.04 percent e. 14.33 percent Ques. 15) Jefferson and Sons has total assets of $807,200, total equity of $509,500, total sales of $945,300, and net income of $25,600. What is the profit margin? a. 1.17 percent b. 1.86 percent c. 2.71 percent d. 3.17 percent e. 5.02 percent Ques. 16) A firm has a debt-to-equity ratio of 0.5. What is the firm

Explanation / Answer

d) $ 1,800,000 c. 2.71 a. $ 9,500 c. 4 times

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