Given the following information about Weber\'s Online Grocery, what is the inven

Question

Given the following information about Weber's Online Grocery, what is the inventory turnover?

2.36X

17.8X

0.06X

3.52X

3. Given the following information about Weber's Online Grocery and assuming its sells entirely on credit, what is the total asset turnover?

3.49X

0.29X

2.84X

0.82X

4. Given the following information about Weber's Online Grocery, what is the current ratio?

1.10

0.90

1.05

0.29

Question 5. 5. Given the following information about Weber's Online Grocery, what is the quick ratio?

0.74

0.26

0.48

0.91

6. Liquidity ratios indicate the degree to which a firm can ________.

satisfy its creditors in a timely fashion

generate sufficient profit from its assets

finance its assets p

roduce adequate dividends

7. Given the following information about Weber's Online Grocery, what is the return on assets (ROA)?

0.07%

7.65%

13.1%

14.7%

8. Financial ratios ________.

approach 1 if the results are promising

facilitate comparisons across time and distance

can be used as assumptions in preparing business plans, identify weaknesses, and facilitate comparisons

are not used by managers to understand the performance within their own firm

. 9. When comparing ratios, remember that ________.

published peer groups and industry averages are scientifically derived

industry averages are a gold standard for performance

determining the firm's true peers can be challenging

accounting practices are uniform

10. Given the following information about Weber's Online Grocery, what is the debt ratio?

0.4862%

34.21%

2.06%

48.3%

Explanation / Answer

6. Satisfy its creditors in a timely manner

7. ROA = net income/total assets = 4827/63540*100 = 7.65%

8. are not used by managers to understand the performance within their own firm . It is used to compare with peer group

9. determining the firm's true peers can be challenging

10. debt ratio = total debt/total assets = 30694/63540 = 48.3%

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