Queen Products Company are presented below. All balance sheet data are as of December 31.

2017 2016
Net sales $757,500 $721,500
Cost of goods sold 480,500 445,000
Interest expense 8,000 4,200
Net income 45,500 37,000
Accounts receivable 123,500 110,000
Inventory 85,700 72,400
Total assets 577,100 501,300
Total common stockholders’ equity 433,400 324,500

Compute the following ratios for 2017. (Round answers to 1 decimal place, e. g. 1.6, or 1.6% .)
Profit margin:
1. Asset turnover times.
2. Return on assets.
3. Return on common stockholders’ equity.

Excel allows you to take a lot of data and organize it in one document. what are some of the features you can use to clarify, emphasize, and differentiate your data?

Uppose that the federal reserve purchases a bond for $100,000 from donald truck, who deposits the proceeds in the manufacturer’s national bank. what will be the impact of this purchase on the supply of money? the money supply will increase by $100,000. the money supply will increase by $80,000. the money supply will increase by $500,000. this action will have no effect on the money supply. if the reserve requirement ratio is 20 percent, what is the maximum amount of additional loans that the manufacturer’s bank will be able to extend as the result of truck’s deposit? the maximum additional loans is $100,000. the maximum additional loans is $80,000. the maximum additional loans is $20,000. the maximum additional loans is $500,000. given the 20 percent reserve requirement, what is the maximum increase in the quantity of checkable deposits that could result throughout the entire banking system because of the fed’s action? this action will have no effect on the money supply. the money supply will eventually increase by $80,000. the money supply will eventually increase by $500,000. the money supply will eventually increase by $100,000.

Martha entered into a contract with terry, an art dealer. according to the contract, terry was to supply 18 th century artifacts to martha for the play she was directing, and martha was ready to pay $50,000 for this. another director needed the same artifacts and was ready to pay $60,000. terry decided not to sell the artifacts to martha. in this case, the court may order terry to: