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QuestionTable 3.2Dana Dairy Products Key Ratios

QuestionTable 3.2Dana Dairy Products Key Ratios

Question

Table 3.2

Dana Dairy Products Key Ratios
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Income Statement
Dana Dairy Products
For the Year Ended December 31, 2010
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Balance Sheet
Dana Dairy Products
December 31, 2010

The inventory management at Dana Dairy Products ________ since 2009. (See Table 3.2)

Answer

has deteriorated
remained the same
has improved slightly
cannot be determined

Question 2

Table 3.2

Dana Dairy Products Key Ratios

Income Statement
Dana Dairy Products
For the Year Ended December 31, 2010

Balance Sheet
Dana Dairy Products
December 31, 2010

If Dana Dairy Products has credit terms which specify that accounts receivable should be paid in 25 days, the average collection period ________ since 2009. (See Table 3.2)

Answer

has deteriorated
remained the same
has improved
cannot be determined

Question 3

Table 3.2

Dana Dairy Products Key Ratios

Income Statement
Dana Dairy Products
For the Year Ended December 31, 2010

Balance Sheet
Dana Dairy Products
December 31, 2010

The return on equity for Dana Dairy Products for 2010 was ________. (See Table 3.2)

Answer

0.6 percent
5.6 percent
0.9 percent
50 percent

Q4

Table 3.2

Dana Dairy Products Key Ratios

Income Statement
Dana Dairy Products
For the Year Ended December 31, 2010

Balance Sheet
Dana Dairy Products
December 31, 2010

The current ratio for Dana Dairy Products in 2010 was ________. (See Table 3.2)

Answer

1.58
0.63
1.10
0.91

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