1 (Efficiency analysis) ALei Industries has credit sales of $154 million a year. ALei's management reviewed its credit policy and decided that it wants to maintain an average collection period of 40 days. a. What is the maximum level of accounts receivable that ALei can carry and have a 40-day average collection period? b. If Alei's current accounts receivable collection period is 50 days, how much would it have to reduce its level of accounts receivable in order to achieve its goal of 40 days? a. What is the maximum level of accounts receivable that ALei can carry and have a 40-day average collection period? The maximum level of accounts receivable will be $ million. (Round to one decimal place.) b. If ALei's current accounts receivable collection period is 50 days, how much would it have to reduce its level of accounts receivable in order to achieve its goal of 40 days? ALei needs to reduce its accounts receivable by $ million. (Round to one decimal place.) 2 (DuPont analysis) Dearborn Supplies has total sales of $208 million, assets of $108 million, a return on equity of 35 percent, and a net profit margin of 7.2 percent. What is the firm's debt ratio? The company's debt ratio is %. (Round to one decimal place.) 3 (DuPont analysis) Bryley, Inc. earned a net profit margin of 5.4 percent last year and had an equity multiplier of 3.13. If its total assets are 596 million and its sales are $149 million, what is the firm's return on equity? The company's return on equity is%. (Round to one decimal place.)