#7 A company has the following data. It wants to create the Receivable Turnover based on Credit Sales. Net Income $182,000 7.60% Profit Margin Accounts Receivable $121,370 80% Sales portion on credit What is the company's days' sales in receivables? a Days of Receivables = b Days of Receivables = C Days of Receivables = Days of Receivables = d The Border company had the following data: Sales $2,500,000 Cost of goods sold $987,654 Operating Costs $500,000 Depreciation $126,987 Interest Expense $98,000 Tax rate 40.00% What is the Interest Coverage for the firm? a Interest Coverage = b Interest Coverage = Interest Coverage = C d Interest Coverage = You have found the following information. The P/E ratio in 2019 15 18.5 The P/E ratio in 2020 Which of the following statements is the most accurate? a b The stock price has become relatively expensive. The stock price has become relatively inexpensive. The stock price has been relatively unchanged. The P/E ratio does not relate to the stock price. d Which of the following statements is the most accuarate? a b Efficiency ratios measure how well assets turn into sales. Efficiency ratios measure how well assets turn into profits. Efficiency ratios measure how well assets turn into debt. Efficiency ratios measure how well assets relate to liabilities. d #8 #9 # 10 15.78 14.78 16.778 17.78 9.03 8.03 10.03 3.03