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5. Use income statement and balance sheet for Atlanta company from the previous example. What are Atlanta companys day's payables outstanding in 2019? 6. Use
5. Use income statement and balance sheet for Atlanta company from the previous example. What are Atlanta companys day's payables outstanding in 2019?
6. Use income statement and balance sheet for Atlanta company from the previous example. Atlanta Company's face value or par value is $1. All Atlanta Company's shares have been issued at its par value. Atlanta Company's share price at end of 2019 is $10. Calculate its price per share to sales per share ratio at end of 2019
8. Atlanta Company Balance Sheet for End of Year 2018 Income Statement for Year Ending 2019 Net Sales $36,408 COGS 28,225 Depreciation 1,760 EBIT 6,423 Less: Interest 510 EBT 5,913 Less: Taxes 2,070 Net Income $3,843 Cash AR Inventory CA Net Fixed Assets Total Assets $2,060 3,411 18,776 24,247 14,160 $38,407 A/P Long-term Debt Common Stock RE $7,250 9,800 14,820 6,537 TD+TE $38,407 Balance Sheet for End of Year 2019 Cash A/R Inventory CA Net Fixed Assets Total Assets $1,003 4,218 21,908 27,129 14,080 $41,209 AP Long-term Debt Common Stock RE $8,384 11,500 17,500 3,825 TD+TE $41,209 OStep by Step Solution
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