The current ratio for Dana Dairy Products in 2005 was ________. (See Table 1.0)
1.58
0.63
1.10
0.91
Since 2004, the liquidity of Dana Dairy Products ________. (See Table 1.0)
has deteriorated
remained the same
has improved
cannot be determined
The net working capital for Dana Dairy Products in 2005 was ________. (See Table 1.0)
$10,325
$ 1,425
-$ 1,425
$14,250
The inventory turnover for Dana Dairy Products in 2005 was ________. (See Table 1.0)
43
5
20
25
The inventory management at Dana Dairy Products ________ since 2004. (See Table 1.0)
has improved slightly
The average collection period for Dana Dairy Products in 2005 was (See Table 1.0)
32.5 days
11.8 days
25.3 days
35.9 days
If Dana Dairy Products has credit terms which specify that accounts receivable should be paid in 25 days, the average collection period ________ since 2004. (See Table 1.0)
Dana Dairy Products had a ________ degree of financial leverage than the industry standard, resulting in ________. (See Table 1.0)
lower; lower return on total assets
lower; lower return on equity
higher; higher return on equity
higher; higher return on total assets
The debt ratio for Dana Dairy Products in 2005 was (See Table 1.0)
50 percent
11 percent
55 percent
44 percent
Dana Dairy Products' gross profit margin was inferior to the industry standard. This may have resulted from (See Table 1.0)
a high sales price
the high cost of goods sold
excessive selling and administrative expenses
excessive interest expense