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(Evaluating liquidity) Aylward inc. currently has $2,131,000 in curtent assets and $846,000 in cuirent liabilities. The company's managers want to increase the firm's inventory, which

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(Evaluating liquidity) Aylward inc. currently has $2,131,000 in curtent assets and $846,000 in cuirent liabilities. The company's managers want to increase the firm's inventory, which will be financed by a short-term note with the bank. What level of inventories can the firm carry without its current ratio falling below 2.2? The cost of the additional inventory financed with the short-term note is $ (Round to the nearest dollar.) (Evaluating profitability) The Malia Corporation had sales in 2019 of $64 million, total assets of $41 million, and fotal liabilities of $17 million. The interest rate on the company's debt is 6.4 percent and its tax rate is 21 percent. The operating profit margin was 12.4 percent. What were the company's operating income and net income? What was the operating return on assets and return on equity? Assume that interest must be paid on all of the debt. The operating profits weres (Round to the nearest dollar.) (Evaluating profitability) Last year, Stevens Inc. had sales of $400,000, with a cost of goods sold of $112,000. The fim's operating expenses were $130,000, and its increase in retained earnings was $58,000. There are currently 22,000 common stock shares outstanding and the firm pays a $1.60 dividend per share. a. Assuming the firm's earnings are taxed at 21 percent, construct the firm's income statement. b. Compute the firm's operating profit margin. c. What was the times interest earned? a. Assuming the firm's earnings are taxed at 21 percent, construct the firm's income statement (Round to the nearest dollar NOTE You may input expense accounts as negative values.)

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