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JPJ Corp has sales of $1.17 million, accounts receivable of $50,000, total assets of $5.03 million (of which $2.92 million are fixed assets), inventory of
JPJ Corp has sales of $1.17 million, accounts receivable of $50,000, total assets of $5.03 million (of which $2.92 million are fixed assets), inventory of $146,000, and cost of goods sold of $599,000. What is JPJ's accounts receivable days? Fixed asset turnover? Total asset turnover? Inventory turnover? What is JPJ's accounts receivable days? JPJ's accounts receivable days are days. (Round to two decimal places.) Some balance sheet information is shown here (all values in millions of dollars). a. What change in the book value of the company's equity took place at the end of 2018? b. Is the company's market-to-book ratio meaningful? Is its book debt-equity ratio meaningful? Explain. a. What change in the book value of the company's equity took place at the end of 2018? The book value of equity by $ billion from the end of the previous year, and was (Select from the drop-down menus and round to three decimal places.) In early 2019, the following information was true about Abercrombie and Fitch (ANF) and The Gap (GPS), both clothing retailers. Values (except price per share) are in millions of dollars. a. What is the market-to-book ratio of each company? The market-to-book ratio for ANF is (Round to two decimal places.)
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