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kindly find the below attached The following information is available about Don Company. Accounts payable $10 million Accounts receivable $5.48 million $30 million Average inventory
kindly find the below attached
The following information is available about Don Company. Accounts payable $10 million Accounts receivable $5.48 million $30 million Average inventory Buildings and land Cash ? $5 million Cost of goods sold $80 million EBIT $18 million Long-term bonds $25 million with 10% coupon Price per share $72 Price/Earnings ratio 18 Stockholders equity ? $100 million Total assets Total sales $125 million A. Calculate the following: 1. Days sales outstanding 2. Interest coverage ratio 3. Debt ratio 4. Inventory turnover ratio 5. Earnings per share B. Prepare a balance sheet for Don Company Step by Step Solution
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