current ratio. current ratio.
Earth Fare Foods has total assets of $229,800, net fixed assets of $71,500, long-term debt of $52,000, and total debt of $78,700. If inventory is $45,000, what is the current ratio?
5.93
For the past year, Hero, Inc., had a cost of goods sold of $62,882. At the end of the year, the accounts payable balance was $12,989.
Required: |
How long on average did it take the company to pay off its suppliers during the year? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) |
Days’ sales in payables | days |
Martinez, Inc., has a total debt ratio of .50, total debt of $329,000, and net income of $41,750. |
Required: |
What is the company’s return on equity? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).) |
Return on equity | % |
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