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Answering the following questions: A) A company has net income of $185,000, a profit margin of 9.60 percent, and an accounts receivable balance of $106,265.

Answering the following questions:

A) A company has net income of $185,000, a profit margin of 9.60 percent, and an accounts receivable balance of $106,265. Assuming 78 percent of sales are on credit, what is the company's days' sales in receivables?

B) The Ashwood Company has a long-term debt ratio of 0.70 and a current ratio of 1.20. Current liabilities are $920, sales are $5,130, profit margin is 9.90 percent, and ROE is 16.30 percent. What is the amount of the firm's net fixed assets?

C) Sherwood Inc.'s net income for the most recent year was $10,117. The tax rate was 32 percent. The firm paid $3,480 in total interest expense and deducted $2,159 in depreciation expense. What was the cash coverage ratio for the year?

D) Holliman Corp. has current liabilities of $417,000, a quick ratio of 1.80, inventory turnover of 3.80, and a current ratio of 3.50. What is the cost of goods sold for the company?

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