questions 1-8
1 - Greene Sisters has a DSO of 20 days. The company's average daily sales are $20,000. What is the level of its accounts receivable? Assume there is 365 days in a year. 2 - Vigo Vacations has $200 million in total assets, $5 million in notes payable, and $25 million in long term debt. What is the debt ratio? 3 - Winston Washer's stock price is $75 per share. Winston has $10 billion in total assets. Its balance sheet shows $1 billion in current liabilities, S3 billion in long term debt, and $6 billion in common equity. It has 800 million shares of common stock outstanding. What is Winston's market/book ratio? 4 - Reno Revolvers has an EPS of $1.50, a cash flow per share of $3.00, and a price/cash flow ratio of 8.0. What is the P/E ratio? 5 - Needham Pharmaceuticals has a profit margin of 3% and an equity multiplier of 2.0. Its sales are $100 million and it has total assets of $50 million. What is its ROE? 6 - Gardial & Son has an ROA of 12%, a 5% profit margin, and a return on equity squal to 20%. What is the company's total assets.trunoxer? What is the firm's equity multiplier? 7 - Assume you are given the following relationships for Haslam Corporation: Sales/total assets: 1.2 Return on assets (ROA): 4% Return on equity (ROE): 7% Calculate Haslam's profit margin and liabilities-to-assets ratio. Suppose half its liabilities are in the form of debt. Calculate the debt-to-assets ratio. 8 - The Nelson Company has $1,312,500 in current assets and $525,000 in current liabilities. Its initial inventory level is $375,000, and it will raise funds as additional notes payable and use them to increase inventory. How much can Nelson's short-term debt (notes payable) increase without pushing its current ratio below 2.0? What will be the firm's quick ratio after Nelso has raised the maximum amount of short term funds