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Please help and show all work! 4) If Days Payables Outstanding for a firm is 42 days, Sales is $5,875,800, and the Gross Profit Margin
Please help and show all work!
4) If Days Payables Outstanding for a firm is 42 days, Sales is $5,875,800, and the Gross Profit Margin is 38%, what is the level of Accounts Payable? 5) If the Debt to Asset Ratio for a firm is .62 and the level of Total Assets is $6,587,300, what is the debt to equity ratio? 6) If the Debt to Equity Ratio for a firm is .43, and the level of equity is $2,943,600, what is the level of Total Assets? 7) If Total Asset Turnover for a firm is 1.73 and Net Profit Margin is .065, what is the Return on Assets? 8) If the firm in (7) has a Debt to Asset Ratio of.38, what is their Return on Equity? 9) If Sales for a firm are $7,426,700 and the Net Profit Margin is .054, what is the earning after tax? 10) If the firm in (9) has total Assets of $5,856,200, what is the Return on AssetsStep by Step Solution
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