Managerial Finance Questions

  

I have three finance questions that I need answered below. Is this something you can answer? ————————————————————————1. Ramshack Inc. had 5 days in
inventory based on a 365-day year. The inventory turnover was??
Options:

a. 5

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b. 60

7c. 3

d. Cannot be figured without the
inventory value.

e. None of the above.

2. Ram Company’s after-tax net income
was $120. Their interest paid was $50. Assuming the corporate tax is 40%, what
is Ram Company’s interest coverage ratio?
Options:

a. 1.4

b. 2.4

c. 5.0

d. 6.7

e. None of the above.

3. Mulberry Company paid dividends of
$400 and retained 33.33% of their earnings. The sales for the year were $12,000
and total assets were $10,000. What was the return on assets (ROA)?
Options:
a. 5%
b. 6%
c. 10%
d. 12%
e. None of the above.

  
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