Which of the following is True? a. If Harrison Bear has net income of $12,400, a tax rate of 20 percent, and interest expense of $1,600, then the times interest earned ratio for the year is 10.6875. b. Yellow Metal has net income of $62,300, a tax rate of 20 percent, and a net profit margin of 6.7 percent. Total assets are $1,100,500 and current assets are $382,800. Given the information above, $1.20 dollars of sales are being generated from every dollar of net fixed assets. c. The Yellow Gear has current liabilities of $28,000, sales of $156,900, and cost of goods sold of $64,200. The current ratio is 1.22 and the quick ratio is .71. Then, it takes 83.53 days on average to sell the inventory. d. An increase in net income and total equity must increase the return on equity, all else constant .

Bonds often pay a coupon twice a year. for the valuation of bonds that make semiannual payments, the number of periods doubles, whereas the amount of cash flow decreases by half. using the values of cash flows and number of periods, the valuation model is adjusted accordingly. assume that a $1,000,000 par value, semiannual coupon us treasury note with three years to maturity has a coupon rate of 3%. the yield to maturity (ytm) of the bond is 7.70%. using this information and ignoring the other costs involved, calculate the value of the treasury note:

University hero is considering expanding operations beyond its healthy sandwiches. jim axelrod, vice president of marketing, would like to add a line of smoothies with a similar health emphasis. each smoothie would include two free health supplements such as vitamins, antioxidants, and protein. jim believes smoothie sales should fill the slow mid-afternoon period. adding the line of smoothies would require purchasing additional freezer space, machinery, and equipment. jim provides the following projections of net sales, net income, and average total assets in support of his proposal. sandwichesonly sandwiches and smoothies net sales $ 750,000 $ 1,350,000 net income 120,000 210,000 average total assets 350,000 750,000 return on assetschoose numerator ÷ choose denominator = return on assets÷ = return on assets÷ = profit margin÷ = profit margin÷ = asset turnover÷ = asset turnover÷ = times

Which represents a surplus in the market? a market price equals equilibrium price. b quantity supplied is greater than quantity demanded. c market price is less than equilibrium price. d quantity supplied equals quantity demanded.