1.

Baxley Brothers has a DSO of 19 days, and its annual sales are $6,205,000. What is its accounts receivable balance? Assume that it uses a 365-day year. Round your answer to the nearest dollar. Kaye's Kitchenware has a market/book ratio equal to 1. Its stock price is $14 per share and it has 4.9 million shares outstanding. The firm's total capital is $115 million and it finances with only debt and common equity. What is its debt-to-capital ratio? Round your answer to two decimal places. %