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Airspot Motors. Inc has $2.433.200 in current assets and $869.000 in current liabilities The company's managers want to increase the firm's inventory, which will be

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Airspot Motors. Inc has $2.433.200 in current assets and $869.000 in current liabilities The company's managers want to increase the firm's inventory, which will be financed using short-term debt How much can the firm increase its inventory without its current ratio falling below 2.1 (assuming all other assets and current liabilities remain constant)? (Round lo one decimal place) (Efficiency analysis) Baryta Inc manufactures high quality decorator lamps in a plant located in eastern Tennessee Last year the firm had sales of $93 million and a gross profit margin of 45 percent How much inventory can Baryla hold and still maintain an inventory turnover ratio of at least 6.3 times? Rand to one decimal place) Currently, some of Baryla's inventory includes $2.3 million of outdated and damaged goods that simply remain in inventory and are not salable What inventory ratio must the good inventory maintain in order to achieve an overall turnover ratio of at least 6.3 (including the unsalable items)? (Round to one decimal place) (Profitability and capital structure analysis) In the year that just ended Callaway Lighting had sales of $5.470.000 and incurred cost of goods sold equal to $4 460.000 The firm's operating expenses were $128.000 and its increase n retained earnings was $42.000 for the year There are currently 99.000 common stock shares outstanding and the firm pays a $4 770 dividend per share The firm has $1.180.000 in interest-bearing debt on which it pays 7.7 percent interest Assume the firm's earnings are taxed at 35%. construct the firm's income statement

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