The Ranger Corporation Data for the Current Year and Prior

question 115

Multiple Choice

The Ranger Corporation data for the current year and prior year is as follows: What would a horizontal analysis report with respect to current assets show?

• A)Inventory turnover of 9.02 times
• B)Current ratio of 4.48.
• C)A 27.99% increase in current assets
• D)Current assets are 100.00% of total assets

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Definitions:

Yield To Maturity

The total return anticipated on a bond if the bond is held until it matures, considering both interest payments and the principal appreciation or depreciation.

Par Value

The face value of a bond or stock, as stated by the issuing company. This is the nominal value and may differ from the market value.

Coupon Bond

A bond that pays the holder a fixed interest rate (coupon) over the bond's lifetime and repays the principal at maturity.

Current Yield

A measure of the annual income (interest or dividends) generated by an investment, expressed as a percentage of the current market price.