Stealth Company's 2013 return on equity is:
A) 17.1%.
B) 14.0%.
C) 12.6%.
D) 7.1%.
Correct Answer:
Verified
Q39: The current ratio is:
A)1.98.
B)1.58.
C)1.17.
D)0.66.
Q40: Stealth Company's 2013 average collection period is:
A)73
Q41: Stealth Company's 2013 return on assets is:
A)7.1%.
B)7.8%.
C)13.5%.
D)44.7%.
Q42: Excerpts from TPX Company's December
Q43: Stealth Company's 2013 asset turnover is:
A)3.7 times.
B)2.8
Q45: Stealth Company's 2013 gross profit ratio is:
A)77.1%.
B)80.0%.
C)40.0%.
D)60.0%.
Q46: TPX Company's 2013 profit margin is:
A)18.8%.
B)9.0%.
C)19.4%.
D)15.1%.
Q47: TPX Company's 2013 gross profit ratio is:
A)57.5%.
B)36.5%.
C)63.5%.
D)60.0%.
Q48: TPX Company's 2013 asset turnover is:
A)3.7 times.
B)2.8
Q49: Return on assets equals:
A)Gross profit ratio x
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents