subject
Business, 10.03.2020 19:34 maddy6882

Selected financial information for Lambert Company is presented in the following table. Sales $840,000.00 Cost of Merchandise Sold $400,000.00 Total Operating Expenses $360,000.00 Net Income after Federal Income Taxes $68,000.00 Quick Assets $38,000.00 Current Assets $95,000.00 Total Assets $175,000.00 Total Liabilities (all current) $25,000.00 Dividends per Share $3.00 Market Price $60.00 Number of Shares Outstanding 10,000 For each of the following items, select the choice in the Answers column that best completes the statement. Answers 1. The earnings per share is (A) $3.00 (B) $14.70 (C) $6.80 (D) 8.1% (p. 533) 1. 2. The debt ratio is (A) 26.3% (B) 14.3% (C) 7.00 (D) 17.0% (p. 526) 2. 3. The current ratio is (A) $70,000.00 (B) 0.74 (C) 54.3% (D) 3.80 (p. 535) 3. 4. The dividend yield is (A) 5.00% (B) 0.03% (C) 20.00% (D) 10.00% (p. 534) 4. 5. The gross margin is (A) 42.9% (N) 9.5% (C) 52.4% (D) 54.3% (p. 518) 5. 6. The price-earnings ratio is (A) 8.8 (B) 17.6 (C) 5.0% (D) 11.3% (p. 534) 6. 7. The operating margin is (A) 19.0% (N) 42.9% (C) 54.3% (D) 9.5% (p. 519) 7. 8. The working capital is (A) $95,000.00 (B) $70,000.00 (C) $120,000.00 (D) 26.3% (p. 535) 8. 9. The operating expense ratio is (A) 54.3% (B) 47.6% (C) 42.9% (D) 9.5% (p. 519) 9. 10. The gross profit margin is (A) 52.4% (B) 54.3% (C) 47.6% (D) 42.9% (p. 518) 10. 11. The quick ratio is (A) 0.4 (B) 1.5 (C) 0.2 (D) 2.5 (p. 535) 11.'

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 16:00
When earning simple interest on money you invest, which statement is true? a. as time goes on and your bank account grows, you earn more interest. b. as time goes on and your bank account grows, you earn less interest. c. as time goes on and your bank account grows, you earn the same amount of interest. d. as time goes on and your bank account grows, you stop earning interest.
Answers: 2
question
Business, 22.06.2019 07:30
Read the following scenario and answer the question in 5-10 sentences. you are the owner of a small business that is a defendant in a lawsuit in federal court. you received bad news from your lawyer that the judge did not allow certain documents to be admitted as evidence in court and that the jury reached a $50,000 verdict in favor of the plaintiff. your lawyer tells you that it is within your legal right to hire him to file an appeal with the united states court of appeals. if the appellate court rules in your favor, you may be able to avoid paying part or all of the $50,000. evaluate your lawyer’s suggestion about appealing the decision.
Answers: 1
question
Business, 22.06.2019 11:30
10.     lucy is catering an important luncheon and wants to make sure her bisque has the perfect consistency. for her bisque to turn out right, it should have the consistency of a. cold heavy cream. b. warm milk. c. foie gras. d. thick oatmeal. student d   incorrect
Answers: 2
question
Business, 22.06.2019 14:00
Wallace company provides the following data for next year: month budgeted sales january $120,000 february 108,000 march 140,000 april 147,000 the gross profit rate is 35% of sales. inventory at the end of december is $29,600 and target ending inventory levels are 10% of next month's sales, stated at cost. what is the amount of purchases budgeted for january?
Answers: 1
You know the right answer?
Selected financial information for Lambert Company is presented in the following table. Sales $840,0...
Questions
question
Arts, 25.10.2021 06:30
question
Mathematics, 25.10.2021 06:30
question
History, 25.10.2021 06:40
question
Mathematics, 25.10.2021 06:40
question
Mathematics, 25.10.2021 06:40
question
Mathematics, 25.10.2021 06:40
question
Mathematics, 25.10.2021 06:40
question
Computers and Technology, 25.10.2021 06:40
Questions on the website: 13722360