As loan analyst for Bonita Bank, you have been presented the following information. Toulouse Co. Lautrec Co. Assets Cash $115,000 $328,000 Receivables 215,000 304,000 Inventories 583,000 535,000 Total current assets 913,000 1,167,000 Other assets 489,000 641,000 Total assets $1,402,000 $1,808,000 Liabilities and Stockholders’ Equity Current liabilities $307,000 $356,000 Long-term liabilities 414,000 489,000 Capital stock and retained earnings 681,000 963,000 Total liabilities and stockholders’ equity $1,402,000 $1,808,000 Annual sales $964,000 $1,460,000 Rate of gross profit on sales 30 % 40 % Each of these companies has requested a loan of $50,000 for 6 months with no collateral offered. Because your bank has reached its quota for loans of this type, only one of these requests is to be granted. Compute the various ratios for each company. (Round answer to 2 decimal places, e. g. 2.25.) Toulouse Co. Lautrec Co. Current ratio : 1 : 1 Acid-test ratio : 1 : 1 Accounts receivable turnover times times Inventory turnover times times Cash to current liabilities : 1 : 1 Click if you would like to Show Work for this question: Open Show Work
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Business, 22.06.2019 12:30, imamnaab5710
Consider a treasury bill with a rate of return of 5% and the following risky securities: security a: e(r) = .15; variance = .0400 security b: e(r) = .10; variance = .0225 security c: e(r) = .12; variance = .1000 security d: e(r) = .13; variance = .0625 the investor must develop a complete portfolio by combining the risk-free asset with one of the securities mentioned above. the security the investor should choose as part of her complete portfolio to achieve the best cal would be a. security a b. security b c. security c d. security d
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Business, 22.06.2019 13:50, veronica25681
When used-car dealers signal the quality of a used car with a warranty, a. buyers believe the signal because the cost of a false signal is high b. it is not rational to believe the signal because some used-car dealers are crooked c. the demand for lemons is eliminated d. the price of a lemon rises above the price of a good used car because warranty costs on lemons are greater than warranty costs on good used cars
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Business, 22.06.2019 21:00, sofiaisabelaguozdpez
Roberto and reagan are both 25 percent owner/managers for bright light inc. roberto runs the retail store in sacramento, ca, and reagan runs the retail store in san francisco, ca. bright light inc. generated a $125,000 profit companywide made up of a $75,000 profit from the sacramento store, a ($25,000) loss from the san francisco store, and a combined $75,000 profit from the remaining stores. if bright light inc. is an s corporation, how much income will be allocated to roberto?
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As loan analyst for Bonita Bank, you have been presented the following information. Toulouse Co. Lau...
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