cope and Environment of Financial Management equal $1.5 million; its current liabilities equal 5300,000, and it has $100,000 in cash plus marketable securities a. If Tabor's accounts receivable are $562,500, what is its avezage collection period? b. If Tabor reduces its days in receivables (average coilection period) to 20 days what will be its new level of accounts receivable? c. Tabor's inventory turnover ratio is 9 times. What is the level of Tabor's inventories? 4-9. (Ratio analysis) The financial statements and industry norms are shown below for Pamplin, Inc. a. Compute the financial ratios for Pamplin for 2014 and for 2015 to compare both against the industry norms. b. How liquid is the firm? c. Hneimanagth tng deue operating profit on the fim s ases d. How is the firm financing its assets? e. Are its managers generating a good return on equity? Current ratio Acid-test (quick) ratio Inventory turnover Average collection period INDUSTRY NORM 5.00 3.00 2.20 90.00 cope and Environment of Financial Management equal $1.5 million; its current liabilities equal 5300,000, and it has $100,000 in cash plus marketable securities a. If Tabor's accounts receivable are $562,500, what is its avezage collection period? b. If Tabor reduces its days in receivables (average coilection period) to 20 days what will be its new level of accounts receivable? c. Tabor's inventory turnover ratio is 9 times. What is the level of Tabor's inventories? 4-9. (Ratio analysis) The financial statements and industry norms are shown below for Pamplin, Inc. a. Compute the financial ratios for Pamplin for 2014 and for 2015 to compare both against the industry norms. b. How liquid is the firm? c. Hneimanagth tng deue operating profit on the fim s ases d. How is the firm financing its assets? e. Are its managers generating a good return on equity? Current ratio Acid-test (quick) ratio Inventory turnover Average collection period INDUSTRY NORM 5.00 3.00 2.20 90.00