question 39
Multiple Choice
Dana Dairy Products Key Ratio
Current Ratio Quick Ratio Average collection Period Inventory Turnover Debt Ratio Times Interest Earned Gross Profit Margin Net Profit Margin Return on total assets Return on Equity Industry Average 1.30.823 days 21.764.7%4.813.6%1.0%2.9%8.2% Actual 20011.00.7530 days 1950%5.512.0%0.5%2.0%4.0% Actual 2002
Income Statement
Dana Dairy Products
For the Year Ended December 31, 2002
Sales Revenue Less: Cost of Goods Sold Gross Profits Less: Operating Expenses Operating Profits Less: Interest Expense Net Profits Before Taxes Less: Taxes (40%) $100,00087,000−⋯$13,00011,000−⋯2,000500−⋯$1,500600
Balance Sheet
Dana Dairy Products
December 31, 2002
ASSETS
Cash Accounts Receivable Inventories Total Current Assets Gross Fixed Assets Less: Accumulated Depreciation Net Fixed Assets Total Assets Liabilities & Stockholders’ Equity Accounts Payable Accruals Total Current Liabilities Long-term Debts Total Liabilities Common Stock Retained Earnings Total Stockholders’ Equity Total Liab. & S.E. $1,0008,9004,350−−−−$14,250$35,00013,25021,750−−−−$36,000$9,0006,675−−−−$15,6754,125−−−−$19,8001,00015,200−−−−$16,200−−−−$36,000
-Since 2001, the liquidity of Dana Dairy Products_________
Definitions:
Outbound Marketing
Outbound marketing is a traditional form of marketing that involves pushing messages out to a potential audience, such as through television ads, print ads, or cold calling.
Blogs
Online journals or informational websites displaying information in reverse chronological order, with the newest posts appearing first.
External Environmental Changes
Alterations in the external factors such as economic conditions, societal trends, or regulatory landscape that can impact an organization's operations.
Corporate Culture
The shared values, beliefs, attitudes, and practices that characterize an organization and guide its members’ behavior.