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1. Baxley Brothers has a DSO of 15 days, and its annual sales are $4,015,000. What is its accounts receivable balance? Assume that it uses

1. Baxley Brothers has a DSO of 15 days, and its annual sales are $4,015,000. What is its accounts receivable balance? Assume that it uses a 365-day year. Round your answer to the nearest cent.

$

2. Kaye's Kitchenware has a market/book ratio equal to 1. Its stock price is $14 per share and it has 5 million shares outstanding. The firm's total capital is $140 million and it finances with only debt and common equity. What is its debt-to-capital ratio? Round your answer to two decimal places.

%

3. Henderson's Hardware has an ROA of 10%, a 6.5% profit margin, and an ROE of 24%.

a.) What is its total assets turnover? Round your answer to two decimal places.

b.) What is its equity multiplier? Round your answer to two decimal places.

4. Edelman Engines has $13 billion in total assets. Its balance sheet shows $2.6 billion in current liabilities, $9.1 billion in long-term debt, and $1.3 billion in common equity. It has 700 million shares of common stock outstanding, and its stock price is $47 per share. What is Edelman's market/book ratio? Round your answer to two decimal places.

x

5. A company has an EPS of $3.00, a book value per share of $27.30, and a market/book ratio of 2.5x. What is its P/E ratio? The stock price should be rounded to the nearest cent. Round your answer to two decimal places.

x

6. A firm has a profit margin of 3% and an equity multiplier of 2.0. Its sales are $500 million, and it has total assets of $150 million. What is its ROE? Do not round intermediate calculations. Round your answer to two decimal places.

%

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