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FIN 571 Final Exam
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Here is the latest Questions of FIN 571 Final Exam. • You bought 360 shares of stock at a total cost of $7,754.40. You received a total of $403.20 in dividends and sold your shares for $19.98 a share. What was your total rate of return? • Jessica's Boutique has cash of $59, accounts receivable of $62, accounts payable of $210, and inventory of $140. What is the value of the quick ratio? • Al's Sport Store has sales of $2,940, costs of goods sold of $2,090, inventory of $526, and accounts receivable of $445. How many days, on average, does it take the firm to sell its inventory assuming that all sales are on credit? • A firm has a debt-equity ratio of .41. What is the total debt ratio?
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