QUESTION 2 Lewis Inc. has sales of $2 million per year, all of which are credit sales. Its days sales outstanding is 50 days. What is its average account receivable balance? Assume a 365-day year. QUESTION 3 Royce Corp's sales last year were $385,000 and its net income was $25,000. What was its profit margin? [XX.XX%] QUESTION 5 PROBLEM 4-2: Debt to Capital Ratio Kaye's Kitchenware has a market/book ratio equal to 1. Its stock price is $12 per share and it has 4.8 million shares outstanding. The firm's total capital (TIC) is $110 million, and it finances with only debt and common equity. What is its debt-to-capital ratio? Hint: Total Invested Capital = Debt + Equity What is its Total Debt? QUESTION 1 Based on the information below on Alex Corp.'s income statement, what is the firm's times-interest-earned (TIE) ratio? 435,000 Sales Operating cost 362,000 12,000 Interest