3-2 - Liquidity Ratios.What is Ramakrishnan, Inc.'s current ratio, quick ratio, and cash ratio for 2018 and 2017. The top of Ramakrishnan, Inc's 2018 and 2017 balance sheets is listed below (in millions of dollars). (LG3-1)

2018201720182017

Current assetsCurrent liabilities

Cash and marketable securities$34$25 Accrued wages and taxes $32$31

Accounts receivables143128Accounts payable 8776

Inventory206187Notes payable 7668

Total$383$340 Total$195$175

3-3. Asset Management Ratios.

What is the year-end 2018 balance in accounts receivable for Mr. Husker's Tuxedos? (LG3-2)

Mr. Husker's Tuxedos Corp. ended the year 2018 with an average collection period of 32 days.

3-4. Debt Management Ratios.What is the debt ratio, equity multiplier, and debt-to-equity ratio of the two firms?

You are considering a stock investment in one of two firms (LotsofDebt, Inc, and Lotsof Equity. Inc) both of which operate in the same industry.LotsofDebt, Inc, finances its $30 million in assets with $29 million in debt and $1 million in equity.LotsofEquity, Inc., finances its $30 million in assets with $1 million in debt and $29 million in equity. (LG3-1)

3-5. Profitability Ratios - What is the 2018 values of net income available to common stockholders, common stockholders' equity, and net sales for Jake's Jamming Music. Inc?

3-6. DuPont Analysis. What is Hassan's Madhatter's total assets?