AAA Associates is a construction company. It has acquired an impressive market share since it is into the business. However, there are certain financial decisions that AAA needs to take and has hired you as a financial consultant. Below is the relevant information of AAA that you will require to do the analysis.

(in millions) Quick Ratio 4X Current ratio 6X Fixed assets 408.5 Sales 1125 Cash and marketable securities 225 Net Income 175 Common shares outstanding 20 Dividends paid 11.2 DSO (based on 360 days) 53 days ROE 15% depreciation 3.5 Days used 360

QUESTION NO. 1 (20 MARKS) Based on the information given, calculate the following for AAA Associates. Show all your working in detail. Comment on the financial health of the business using the relevant information.

Earnings per share ? Dividends per share ? Book value per share ? cash flow per share ? current assets ? current liabilities ? Return on Assets ? Total Assets ? Accounts Receivable ? Long term debt ? Comment ?