Given the following financial data for Alpha Company, calculate the ratios listed below the data. (Compute all ratios and percents to 2 decimal points.) Sales (all on credit) $650,000
Cost of Goods Sold 422,500
Income before Income Taxes 78,000
Net Income 54,600

Ending Beginning
Balances Balances

Cash $19,500 $15,000
Accounts Receivable (net) 65,000 59,800
Merchandise Inventory 71,500 66,300
Plant and Equipment (net) 195,000 183,900
Total Assets $351,000 $325,000

Current Liabilities $74,100 $100,200
Long-Term Notes Payable 97,500 100,000
Stockholders' Equity 179,400 124,800
Total Liabilities and Stockholders' Equity $351,000 $325,000

A. Current Ratio

B. Acid-Test Ratio

C. Accounts Receivable Turnover

D. Days' Sales Uncollected

E. Inventory Turnover

F. Days' Sales in Inventory

G. Debt Ratio (%)

H. Gross Margin Ratio (%)

I. Return on Total Assets (%)

Suppose there are three types of consumers who attend concerts at your university’s performing arts center: students, staff, and faculty. each of these groups has a different willingness to pay for tickets; within each group, willingness to pay is identical. there is a fixed cost of $1,000 to put on a concert, but there are essentially no variable costs. for each concert: i. there are 140 students willing to pay $20. (ii) there are 200 staff members willing to pay $35. (iii) there are 100 faculty members willing to pay $50. a) if the performing arts center can charge only one price, what price should it charge? what are profits at this price? b) if the performing arts center can price discriminate and charge two prices, one for students and another for faculty/staff, what are its profits? c) if the performing arts center can perfectly price discriminate and charge students, staff, and faculty three separate prices, what are its profits?