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. The firm's credit sales for 2018 were $56.1 million.

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?

In 2018, Jake's Jamming Music, Inc, announced an ROA of 8.56 percent, and profit margin of 20.5 percent. The firm had total assets of $9.5 million at year-end 2018.

3-6. DuPont Analysis. What is Hassan's Madhatter's total assets? Last year, Hassan's Madhatter, Inc had an ROA of 7.5 percent, a profit margin of 12 percent, and sales of $25 million.