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NEW QUESTION: 1
An analyst has extracted the following information from the financial statements of Myco:
What is the leverage ratio (total assets/equity) for Myco?
A. Can't say
B. 1.117
C. 2.253
Answer: B
Explanation:
There are two ways to do this. Method 1: TA / Eq = (TA / Sales) x (Sales / Eq) = (1/1.42) x
(13,865 / 8,739) = 1.117.
Method 2: DuPont formula - ROE = (Net income / Sales) x (Sales / Assets) x (Assets / Equity) By rearranging, Assets / Equity = 0.0965 / (0.0609 x 1.42) = 1.116 (rounding error)
NEW QUESTION: 2
A. Option C
B. Option D
C. Option A
D. Option B
Answer: B
NEW QUESTION: 3
Why do some customers need to calibrate their assets?
A. Correct calibration can reduce risk of the assets
B. Correctly performed calibration increases productivity, optimizes resources, and assures consistency, comparability and compatibility of the products and services.
C. Calibration can only increase productivity
D. Correct calibration is needed to provide users with preventative maintenance.
Answer: B
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