Question
Days Sales Outstanding 1. Greene Sisters has a DSO of 28 days. The company's average daily sales are $12,000. What is the level of its
Days Sales Outstanding
1. Greene Sisters has a DSO of 28 days. The company's average daily sales are $12,000. What is the level of its accounts receivable? Assume there are 365 days in a year
2. Vigo Vacations has $204 million in total assets, $4.8 million in notes payable, and $24.5 million in long-term debt. What is the debt ratio? Round your answer to two decimal places
3. Winston Washers's stock price is $55 per share. Winston has $10 billion in total assets. Its balance sheet shows $1 billion in current liabilities, $3 billion in long-term debt, and $6 billion in common equity. It has 900 million shares of common stock outstanding. What is Winston's market/book ratio? Round your answer to two decimal places. Do not round intermediate calculations
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