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Linda_us, Finance, Accounts & Homework Tutor
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If Randolph Co. has sales of $3,000,000, net income of $200,000, and total asset turnover of 1.5x, what is their ROA? Answer 10% 17% 12% 6% 10 points Question 3 A firm has current assets of $100,000 and total assets of $300,000. The firm's sales are $900,000. The firm's fixed asset turnover is: Answer 4.5x. 12.0x. 2.4x. 5.0x. 10 points Question 4 If a firm has a break-even point of 15,000 units and the contribution margin on the firm's single product is $4.00 per unit and fixed costs are $60,000, what will the firm's operating profit be at sales of 30,000 units? Answer $60,000 $30,000 $15,000 $145,000 10 points Question 5 Which of the following is not an asset utilization ratio? Answer Inventory turnover Return on assets Fixed asset turnover Average collection period 10 points Question 6 The degree of financial leverage is concerned with the relation between: Answer changes in volume and changes in EPS. changes in volume and changes in EBIT. changes in EBIT and changes in EPS. changes in EBIT and changes in operating income. 10 points Question 7 If a firm has fixed costs of $60,000, a price of $7.00, and a breakeven point of 25,000 units, the variable cost per unit is: Answer $5.00. $4.60. $5.40. $4.00. 10 points Question 8 Refer to the figure below. This firm's break-even point is: Answer 445 units. 634 units. 714 units. 180 units. 10 points Question 9 A short-term creditor would be most interested in: Answer profitability ratios. asset utilization ratios. liquidity ratios. debt utilization ratios. 10 points Question 10 Refer to the figure below. The Degree of Operating Leverage is: Answer 1.40x. 1.80x. 3.33x. 2.22x.
Please provide figure for question 8 and 10. I have already solved the remaining questions.


Customer: replied 5 years ago.
do not need 8 and 10, please send answers with next 5 minutes if you can

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