The Corner Hardware has succeeded in increasing the amount of goods it sells while holding the amount of inventory

If a firm has a debt-equity ratio of 1.0, then its total debt ratio must be which one of the following?    A.  0.0 B.  0.5 C.  1.0 D.  1.5 E.  2.0

27.	The cash coverage ratio directly measures the ability of a firm's revenues to meet which one of its following obligations?    A.  payment to supplier B.  payment to employee C.  payment of interest to a lender D.  payment of principle to a lender E.  payment of a dividend to a shareholder

28.

Jasper United had sales of $21,000 in 2011 and $24,000 in 2012. The firm's current accounts remained constant. Given this information, which one of the following statements must be true?    A.  The total asset turnover rate increased. B.  The days' sales in receivables increased. C.  The net working capital turnover rate increased. D.  The fixed asset turnover decreased. E.  The receivables turnover rate decreased.

29.

The Corner Hardware has succeeded in increasing the amount of goods it sells while holding the amount of inventory on hand at a constant level. Assume that both the cost per unit and the selling price per unit also remained constant. This accomplishment will be reflected in the firm's financial ratios in which one of the following ways?    A.  decrease in the inventory turnover rate B.  decrease in the net working capital turnover rate C.  no change in the fixed asset turnover rate D.  decrease in the day's sales in inventory E.  no change in the total asset turnover rate