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Now it's time for you to practice what you've learned. Suppose that you are given the following data for Niles Company: Note: The data and
Now it's time for you to practice what you've learned. Suppose that you are given the following data for Niles Company: Note: The data and calculations are based on a 365 -day year. Fill in the table with the appropriate values. (Hint: Use the formulas you learned in the video and e. 04- Video Lesson - Analysis of Financial Statements Fill in the table with the appropriate values. (Hint: Use the formulas you learned in the video and exercises in the previous stage of the problem.) Hint: Recall that Current Assets = Cash and Equivalents + Accounts Receivable + Inventories. Hint: Recall that Total Liabilities and Equity = Total Assets. Long term debt is Suppose that Niles could reduce its DSO from 18.25 to 12 , and use the cash that was generated to buy back common stock at book value. Use the table to indicate the change in accounts receivable, ROA, ROE, and total debt/total capital ratio
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