Multiple Choice Free Essay Example, 1250 words

How many dollars worth of sales are generated from every $1 in total assets? A. $1.08 B. $1.14 C. $1.19 D. $1.26 E. $1.30 40.  A firm has 160,000 shares of stock outstanding, sales of $1.94 million, net income of $126,400, a price-earnings ratio of 18.7, and a book value per share of $7.92. What is the market-to-book ratio? A. 1.87 B. 1.84 C. 2.23 D. 2.45 E. 2.57 41.  You just received $225,000 from an insurance settlement. You have decided to set this money aside and invest it for your retirement. Currently, your goal is to retire 25 years from today. How much more will you have in your account on the day you retire if you can earn an average return of 10.5 percent rather than just 8 percent? A. $417,137 B. $689,509 C. $1,050,423 D. $1,189,576 E. $1,818,342 42.  Theo needs $40,000 as a down payment for a house 6 years from now. He earns 2.5 percent on his savings. Theo can either deposit one lump sum today for this purpose or he can wait a year and deposit a lump sum. How much additional money must he deposit if he waits for one year rather than making the deposit today? A. $778.98 B. $811.13 C. $862.30 D. $948.03 E. $1,020.18 43.  According to the Rule of 72, you can do which one of the following? A. double your money in five years at 7.2 percent interest B. double your money in 7.2 years at 8 percent interest C. double your money in 5 years at 14.4 percent interest D. triple your money in 7.2 years at 5 percent interest E. triple your money at 10 percent interest in 7.2 years 44.  Sixteen years ago, Alicia invested $500.We will write a custom essay sample on Multiple Choice or any topic specifically for you Only $17.96 $11.86/pageorder now Eight years ago, Travis invested $900. Today, both Alicias and Travis investments are each worth $2,400. Assume that both Alicia and Travis continue to earn their respective rates of return. Which one of the following statements is correct concerning these investments? A. Three years from today, Travis investment will be worth more than Alicias. B.  One year ago, Alicias investment was worth more than Travis investment. C.  Travis earns a higher rate of return than Alicia. D.  Travis has earned an average annual interest rate of 3.37 percent. E.  Alicia has earned an average annual interest rate of 6.01 percent. 45.  In 1895, the winner of a competition was paid $150. In 2006, the winners prize was $70,000. What will the winners prize be in 2040 if the prize continues increasing at the same rate? A. $289,400 B. $321,122 C. $379,311 D. $459,866 E. $548,121 The following information should be used for question # 46, # 47 and # 48 M & M Foods 2010 2011 Sales $5,831 $6,423 COGS 3,670 4,109 Interest 291 280 Depreciation 125 122 Cash 250 313 Accounts receivables 1,092 1,162 Current liabilities 717 1,051 Inventory 1,495 1,521 Long-term debt 2,400 1,100 Net fixed assets 4,006 4,123 Common stock 1,900 2,100 Taxes 590 670 46.