Answered step by step
Verified Expert Solution
Question
1 Approved Answer
ABC has net working capital of $3502.80, current liabilities of $4854.55, and inventory of $3419.59. What is the current ratio of the firm? (Round your
ABC has net working capital of $3502.80, current liabilities of $4854.55, and inventory of $3419.59. What is the current ratio of the firm? (Round your final answer to 2 decimal places, e.g. 78.56) QUESTION 16 XYZ company has a total debt ratio (or just the debt ratio) of 0.41. Please note that as far as this class is considered we total debt ratio and debt ratio refer to the same quantity. What is its debt-equity (debt-to-equity) ratio? (Round your final answer to 2 decimal places, e.g. 110.10) QUESTION 17 XYZ company had additions to retained earnings for the year just ended of $277188. The firm paid out $181832 in cash dividends, and it has ending total equity of $4.1 million. The company currently has 178901 shares of common stock outstanding. What are dividends per share (DPS)? (Do NOT include the $ sign. Round your final answer to 2 decimal places, e.g. 110.10) QUESTION 18 ABC company has ending inventory of $467317, and the cost of goods sold for the year just ended was $4719515. What is the days' sales in inventory? Assume 365 days in a year. (Round your answer to 2 decimal places)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started