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North Star had the following data (thousands of dollars) Cash and equivalents 100,000 Fixed assets 283,500 Sales 1,000,000 Net income 50,000 Current liabilities 105,500 Notes

North Star had the following data (thousands of dollars)

Cash and equivalents 100,000

Fixed assets 283,500

Sales 1,000,000

Net income 50,000

Current liabilities 105,500

Notes payable to bank 20,000

Current ratio 3.00

Avg Sales/Day 2739.73

A/R 111,095.89

CA 316,500

TA 600,000

ROA 8.33%

DSO 40.55 days

ROE 12.00%

North Star has no preferred stockonly common equity, current liabilities, and long-term debt.

Find the following:

A) Common Equity

B) Inventory

C) Quick Ratio

D) Long Term Debt

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