FINANCIAL
STATEMENT ANALYSIS 1-53
PROGRESS CHECK 1.4
(Continued)
14.
What percent of Fruit Packing, Inc.'s capital structure is provided by debt?
____ a) 27.23%
____ b) 28.69%
____ c) 43.32%
____ d) 57.38%
____ e) 62.34%
Ratio:______________________________________________
15.
What percentage of each dollar from
S
ALES
is available for common shareholders?
____ a) 4.18%
____ b) 9.69%
____ c) 13.21%
____ d) 22.05%
____ e) 29.68%
Ratio:______________________________________________
16.
If Fruit Packing, Inc.'s stock price is $15.24 per share and there are 6.5 million shares
outstanding, how much are investors willing to pay for every dollar of reported
profits?
____ a) 2.09 times
____ b) 2.34 times
____ c) 4.98 times
____ d) 6.78 times
____ e) 8.12 times
Ratio:______________________________________________