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Nishat Company has an average collection period of 55 days. The annual sales is 8,500,000. What is the accounts receivable? 3 marks 2. Mayesha Barstools
Nishat Company has an average collection period of 55 days. The annual sales is 8,500,000. What is the accounts receivable? 3 marks 2. Mayesha Barstools has a equity multiplier of 2.4. Calculate the debt ratio. 3 marks 3. Rafiul corporation has $800,000 debt outstanding and pays 10% interest annually. Sales is 2.5 million and tax rate is 35% and Net profit margin is 5%. What is the TIE ratio? 4 marks
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