Marco's just reported an EPS of $1.80 on revenues of $440 million. The company has 13 million shares outstanding
Total assets are $380 million, current liabilities equal $78 million, and long-term debt is $122 million. Net fixed assets are worth $230 million. Given this information, which one of the following statements is correct?
A) Marco's net working capital is $72 million.
B) Marco's current ratio is 1.75.
C) Marco's total asset turnover is 3.67.
D) .Marco's debt-equity ratio is 0.75.
Answer: A
You might also like to view...
In the new product development process, a description of the features a product will have and the benefits those features will provide a customer is called a ________
A) product idea B) product concept C) product image D) product innovation E) product adoption
Plant assets not currently being used in business operations are classified as long-term investments.
Indicate whether the statement is true or false.
________ is a requirement that a greater than majority of shares constitutes a quorum of the vote of the shareholders
A) Supramajority voting B) Shareholder majority voting C) Quorum share voting D) Cumulative voting
Common characteristics of communications styles include
A) Confrontation and problem-solving. B) Mottoes and beliefs. C) Verbal and non-verbal cues. D) All of the above. E) A and B.