Last Year Foley Inc

question 35

Multiple Choice

Last year Foley Inc.reported net fixed assets of $400,net working capital of $100,net income of $120,dividends of $70,and earnings retained in the period of $50.What is Foley Inc.'s internal growth rate?

Calculate key financial ratios including profit margin, gross margin, times interest earned, current ratio, acid-test ratio, debt ratio, equity ratio, inventory turnover, days' sales in inventory, accounts receivable turnover, and days' sales uncollected.

Interpret the financial health and performance of companies through ratio analysis.

Identify and compute ratios for assessing a company's profitability, liquidity, and solvency.

Evaluate short-term credit risk and profitability using financial ratios.

Definitions:

Timely Fashion

Refers to completing tasks or responding within a reasonable or expected timeframe.

Competitive Retailing

The practice of offering goods in a retail market in a way that is competitive in terms of price, quality, and service.

Customer Service

The support companies offer to their customers before, during, and after purchasing or using their products or services.

Exclusive Distribution

Distribution strategy involving limited market coverage by a single retailer or wholesaler in a specific geographical territory.