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please please give accurate answer this is my last attempt hope you ll understand thank you i ll give upvote for accurate and complete answer
please please give accurate answer this is my last attempt hope you ll understand thank you i ll give upvote for accurate and complete answer
12. Problem 4.12 (Ratio Calculations) Thomson Trucking has $21 billion in assets, and its tax rate is 25%. Its basic earning power (BEP) ratio is 17%, and its return on assets (ROA) is 4.25%. What is its times-interest-earned (TIE) ratio? Round your answer to two decimal places. 13. Problem 4.20 (DSO and Accounts Receivable) Ingraham Inc. currently has $820,000 in accounts receivable, and its days sales outstanding (DSO) is 67 days. It wants to reduce of its customers to pay their bills on time. If this policy is adopted, the company's average sales will fall by 15%. What will be the level of accounts receivable following the change? Assume a 365-day year. Do not round intermediate calculations. Round your answer to the nearest dollarStep by Step Solution
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