Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / University of Illinois, Urbana Champaign - FIN 221 1)Why did AT,T have identical current and quick ratios?   AT&T reported no short-term debt on their balance sheets

University of Illinois, Urbana Champaign - FIN 221 1)Why did AT,T have identical current and quick ratios?   AT&T reported no short-term debt on their balance sheets

Finance

University of Illinois, Urbana Champaign - FIN 221

1)Why did AT,T have identical current and quick ratios?

 

  1. AT&T reported no short-term debt on their balance sheets.

 

  1. AT&T reported no accounts receivable on their balance sheets.

 

  1. AT&T reported no accounts payable on their balance sheets.

 

  1. AT&T reported no inventory on their balance sheets.

 

2. Which of the following ratios would you like to see decline over time for a company?

 

  1. Inventory Turnover

 

  1. Days Sales Outstanding

 

  1. Fixed Asset Turnover

 

  1. Total Asset Turnover

 

3. Which of the following ratios might favor a company with older assets vs. a company with newer assets?

 

  1. Inventory Turnover

 

  1. Days Sales Outstanding

 

  1. Fixed Asset Turnover

 

  1. Current Ratio

 

4. Which ratio(s) were better for AT&T vs. Verizon in both 2007 and 2006?

 

  1. only the debt ratio

 

  1. only the times-interest-earned ratio

 

  1. the debt and time-interest-earned ratios

 

  1. none of AT&T debt management ratios were better than Verizon both years. What are the operational component(s) of the DuPont Equation?
  1. profit margin

 

  1. total asset turnover

 

  1. equity multiplier

 

  1. Both A and B

 

 

 

  1. Which of the following ratios tries to factor out the effect of financing on profitability?

 

  1. Return on assets

 

  1. Profit margin on sales

 

  1. Return on equity

 

  1. Basic earning power

Option 1

Low Cost Option
Download this past answer in few clicks

2.83 USD

PURCHASE SOLUTION

Already member?


Option 2

Custom new solution created by our subject matter experts

GET A QUOTE