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need help with this whole problem, thank you. Now it's time for you to practice what you've learned. Suppose that Royval Inc has the following
need help with this whole problem, thank you.
Now it's time for you to practice what you've learned. Suppose that Royval Inc has the following data: Also suppose that Royval Inc has the following balance sheet: Also suppose that Royval Inc has the following balance sheet: Use the formulas you laamed about in the previous stage of the problem to answer the following questions. Given the value of total assets turnover, along with the level of total assets given, this means that Royval's sales must be Given the value of DSO, along with the level of sales you already calculated, this means that Royval's receivables must be Given the value of the inventory ratio, along with the level of sales you alreedy calculated, this means that Royval's inventories must be . Given the value of the fixed assets turnover ratio, as well as the level of sales, this means that Royval's fixed assets must be equal to Solving for cash yields a value of cash of for Rowal. Given the current ratio of 2.5 and values of cash, accounts receivable. and inventories, the level of current liabilities must be Given the level of retained eamings, current liabilities, and long-term debt, along with the relationship between total assets and total liabilities and equity, this means that Royval's common stock must be Given the gross profit margin and the level of sales you have already calculated, this means that Royval has a cost of goods sold of Now it's time for you to practice what you've learned. Suppose that Royval Inc has the following data: Also suppose that Royval Inc has the following balance sheet: Also suppose that Royval Inc has the following balance sheet: Use the formulas you laamed about in the previous stage of the problem to answer the following questions. Given the value of total assets turnover, along with the level of total assets given, this means that Royval's sales must be Given the value of DSO, along with the level of sales you already calculated, this means that Royval's receivables must be Given the value of the inventory ratio, along with the level of sales you alreedy calculated, this means that Royval's inventories must be . Given the value of the fixed assets turnover ratio, as well as the level of sales, this means that Royval's fixed assets must be equal to Solving for cash yields a value of cash of for Rowal. Given the current ratio of 2.5 and values of cash, accounts receivable. and inventories, the level of current liabilities must be Given the level of retained eamings, current liabilities, and long-term debt, along with the relationship between total assets and total liabilities and equity, this means that Royval's common stock must be Given the gross profit margin and the level of sales you have already calculated, this means that Royval has a cost of goods sold of Step by Step Solution
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