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please help 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?

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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: Submit your answers in a Word document. Show your work! Tax Rate 40%

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