Question
If you have this unsorted information from the general ledger of CAM Company as follow: net plants and equipment 380000 net sales 960000 accounts payables
If you have this unsorted information from the general ledger of CAM Company as follow:
net plants and equipment | 380000 | net sales | 960000 | |
accounts payables | 66000 | Bonds | 350000 | |
Inventory | 123000 | retained earnings | 161000 | |
COMMON SHARES CAPITAL | 150000 | operating expenses | 169000 | |
accounts receivables | 125000 | short term investments | 28000 | |
Interests | 135000 | long term loans | 250000 | |
copy rights | 74000 | Accruals | 45000 | |
short term loans | 48000 | Cash | 40000 | |
long term investments | 300000 | Tax | 25% | |
cost of goods sold | 358000 |
After sorting this information as an income statements and balance sheet, find the answers of the below questions:
- Days sales outstanding (average collection period).
- Average payment period.(I want to include annual purchases)
- Average age of inventory.
- Times interest earned.
- Total assets turn over.
- Debt to equity ratio.
- Quick ratio.
- Return on assets (ROA).
- Return on equity (ROE).
- If the firm decided to decrease the debt ratio to be 50%as new target, how much the total liabilities must be decreased to reach the target ratio?
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