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DAYS SALES OUTSTANDING Baxley Brothers has a DSO of 20 days, and its annual sales are $7,300,000. What is its accounts receivable balance? Assume that
DAYS SALES OUTSTANDING Baxley Brothers has a DSO of 20 days, and its annual sales are $7,300,000. What is its accounts receivable balance? Assume that it uses a 365-day year. Round your answer to the nearest cent. DEBT TO CAPITAL RATIO Kaye's Kitchenware has a market/book ratio equal to 1. Its stock price is $12 per share and it has 5.2 million shares outstanding. The firm's total capital is $140 million and it finances with only debt and common equity. What is its debt-to-capital ratio? Round your answer to two decimal places MARKET/BOOK RATIO Edelman Engines has $12 billion in total assets. Its balance sheet shows $2.4 billion in current liabilities, $7.8 billion in long-term debt, and $1.8 billion in common equity. It has 500 million shares of common stock outstanding, and its stock price is $33 per share. What is Edelman's market/book ratio? Round your answer to two decimal places. DuPONT AND ROE A firm has a profit margin of 7% and an equity multiplier of 2.5. Its sales are $370 million, and it has total assets of $185 million, what is its ROE? Do not round intermediate calculations. Round your answer to two decimal places. ROE AND ROIC Baker Industries, net income is $26,000, its interest expense is $5,000, and its tax rate is 35%. Its notes payable equals $27,000, long-term debt equals $80,000, and common equity equals $250,000. The firm finances with only debt and common equity, so it has no preferred stock. What are the firm's ROE and ROIC? Round your answers to two decimal places. Do not round intermediate calculations ROE ROIC
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