Due to political upheaval in the Middle East, in spring 2011, Procter & Gamble was forced to briefly close plants in Egypt that supply products for South Africa

If you purchase 100 shares of Ajax Corporation for $15.00 a share and one year later sell it for $20.00 a share, what was your return if the stock paid $2.00 per share dividends? (Ignore commissions and trading fees. Round to the nearest whole percent..

A. 33% B. 10% C. 47% D. 40%

Using the information provided, what is the inventory turnover for the firm?

Perfect Purchase Electronics Selected Income Statement Items, 2014 Cash Sales $1,500,000 Credit Sales $7,500,000 Total Sales $9,000,000 COGS $6,000,000 Perfect Purchase Electronics Selected Balance Sheet Accounts 12/31/2014 12/31/2013 Change Accounts Receivable $270,000 $240,000 $30,000 Inventory $125,000 $100,000 $25,000 Accounts Payable $110,000 $90,000 $20,000 A) 23.53 times B) 53.33 times C) 48.00 times D) 60.00 times