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If you have this unsorted information from the general ledger of CAM Company as follow: 420000 66000 210000 960000 350000 127000 169000 net plants and
If you have this unsorted information from the general ledger of CAM Company as follow:
420000 66000 210000 960000 350000 127000 169000 net plants and equipment accounts payables inventory COMMON SHARES CAPITAL accounts receivables Interest copy rights short term loans long term investments cost of goods sold 150000 150000 135000 net sales bonds retained earnings operation expenses Short term investments long term loans accruals cash tax purchases 28000 250000 62000 29000 48000 100000 50000 25% 358000 250000 After sorting this information as an income statements and balance sheet, find the answers of the below questions: 1- Day's sales outstanding (average collection period). 2- Average payment period. 3- Average age of inventory. 4- Times interest earned. 5- Total assets turn over. 6- Debt to equity ratio. 7- Quick ratio. 8- Return on assets (ROA). 9- 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? 10Step by Step Solution
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