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Please help and show all work! I) If the quick ratio for a firm is .91, the total current assets is $781,800, and total current
Please help and show all work!
I) If the quick ratio for a firm is .91, the total current assets is $781,800, and total current liabilities is $532,100, what is the level of Inventory for the firm? 2) If the days sales outstanding for a firm is 39 days and accounts receivable is $1,631,400, what is the level of sales for the firm? 3) If days purchases in inventory for a firm is 153 days, sales is $5,481,400, and the gross profit margin is 37%, what is the level of inventory? 4) If days payables outstanding for a firm is 52 days, sales is $5,875,800, and the gross profit margin is 31%, what is the level of accounts payable? 5) If the debt to asset ratio for a firm is .37 and the level of total assets is $8,743,900, what is the debt to equity ratio? 6) If the debt to equity ratio for a firm is 1.26. and the level of equity is $6,947,200, what is the level of total assets? 7) If total asset turnover for a firm is 2.18 and net profit margin is .0425, what is the return on assets? 8) If the firm in (7) has a debt to asset Ratio of.61, what is their return on equity? 9) If sales for a firm are $8,419,700 and the net profit margin is .0575, what is the earning after lax? 10) If the firm in (9) has total assets of $9,838,500, what is the return on assetsStep by Step Solution
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