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SHOW ALL OF YOUR WORK. 1. Rachets R Us Corp. reported sales for 2018 of $300,000....

SHOW ALL OF YOUR WORK.

1. Rachets R Us Corp. reported sales for 2018 of $300,000. Rachets R Us listed $25,000 of inventory on its balance sheet. Using a 365-day year, how many days did Rachets R Us's inventory stay on the premises? How many times per year did Rachets R Us's inventory turnover?
2. Tina's Track Supply's market-to-book ratio is currently 4.5 times and PE ratio is 10.5 times. If Tina's Track Supply's common stock is currently selling at $150 per share, what is the book value per share and earnings per share?
3. Last year Café Creations, Inc. had an ROA of 35 percent, a profit margin of 12 percent, and sales of $4 million. What is Café Creations' total assets?
4. You are thinking of investing in Ski Sports, Inc. You have only the following information on the firm at year-end 2018: net income = $100,000, total debt = $1 million, and debt ratio = 70 percent. What is Ski's ROE for 2018?

5. A firm has EBIT of $350,000 and depreciation expense of $24,000. Fixed charges total $44,000. Interest expense totals $7,000. What is the firm's cash coverage ratio?

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Answer #1

Ans sales 드5300,000 nven lo γ Salep Nlo of dayAPa s of invenloy stau in premises - Τ.TR 30,446 Market- -to book atio4. times arket ualuue Per sook Yalue per share 3.33 arket- prfce per thowe ning pvice per shane ePS) eps 10 4-28

01000 Sales Proftt 12o Sales ofit $4 million X 12% 480,000Totol onseb Debt 7 OE Tet ncome Lut 1.42が礼43$。24 1 000 f 44j000 ned C eapetmCA Fired betone kor 7000+-44(000

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