1. You have the following information on Universe It Ts, Inc.: sales to working capital = 19 times, profit margin = 25.9%, net income available to common stockholders = $3.9 million, and current liabilities = $1.9 million. What is the firm's balance of current assets?
$9.236 m
$1.953 m
$2.693 m
$0.793 m
2. Which of the following items is found on a balance sheet?
A) cash
B) accounts payable
C) net income
D) Earning Before Interest and Taxes (EBIT)
E) inventoy)
Market Value