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Consider Fisher & Company's financial data as below (unit: millions of dollars excluding rate and time figures): Cash and securities 100 dollars fixed assets 280

Consider Fisher & Company's financial data as below (unit: millions of dollars excluding rate and time figures):

Cash and securities

100 dollars

fixed assets

280 dollars

Sales

$1,200

Net income

$358

Inventory

180 dollars

current rate

3.2

Average collection times

45 days

Average common stock

$500 dollars


  1. Required:
  2. Find Fisher's accounts receivable
  3. Calculate the amount of current assets
  4. Determine the current debt amount
  5. Determine the amount of total assets
  6. Calculate the long-term debt amount
  7. Calculate the net profit margin

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