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please answer all parts Now it's time for you to practice what you've leamed. Suppose that Royval Inc has the following data: Also suppose that

please answer all parts
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Now it's time for you to practice what you've leamed. Suppose that Royval Inc has the following data: Also suppose that Royval Inc has the following balance sheet: Use the formcilas you learned about in the previous stage of the problem to answer the following questions. Given the value of total assets tumover, 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 aiready calculated, this means that Royval's receivables must be Given the value of the inventory ratio, along with the level of sales you alceady 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 Royval. Given the current ratio of 2 and values of cash, accounts recelvable, and inventories, the level of current liabilities must be Use the formulas you learned 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 Royvars sales must be Given the value of DSO, along with the level of sales you already calculated, this means that Royval's recelvables must be Given the value of the inventory ratio, along with the level of sales you already 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 Royval. Given the current ratio of 2 and values of cash, sccounts receivable, and inventories, the level of current llabilities must be Given the level of retained earnings, current liabiaties, and long-term debt, along with the reiationship 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

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