Please do not copy and paste answer from other posts. Show all work, step by step work with equations and how you got each number to plug into the equation.

Problem 1. Depp and Rush have a DSO of 35 days, and its annual sales are $5,200,000. What is its accounts receivable balance? Assume that it uses a 365-day year.

Problem 2. Kelley Corporation has $8 billion in total assets. Its balance sheet shows $500,000 in current liabilities, $2 billion in long-term debt, and $5 billion in common equity. It has 600 million shares of common stock outstanding, and its stock price is $28 per share. What is Kelley's market/book ratio?

Problem 3. Gummy Corporation recently reported the following information:

Net Income $250,000

ROA 7%

Interest Expense $195,000

Tax Rate 40%

What is Gummy's basic earning power (BEP) ratio?