Questions I need answered.

a-Calculate the collection period in days for accounts receivable.

b-Compute the total debt to total assets ratio.

c-Compute the operating profit margin (gross profit).

d-Compute the return on common equity.

e-Compute the book value per share of the common equity.

f-Compute the asset turnover.

g-Compute the ratio of total assets to total equity.

h-Compute the interest coverage.

i-Compute the total debt to total equity ratio.

j-Compute the return on total assets.

k-Compute the inventory turnover and days outstanding.

Chicago Corporation
Statement of Operations
Year Ended December 31, 20XX
Sales	$ 12,000,000
Cost of goods sold	7,200,000
Gross margin	4,800,000
Selling and adminstrative expenses	3,900,000
Operating income	900,000
Interet expense	100,000
Income before taxes	500,000
Income taxes	200,000
Net income	$ 300,000

Chicago Corporation

Balance Sheet

December 31, 20XX

Assets

Current Assets:

Cash

$ 1,000,000

Accounts receivable

1,200,000

Inventory

1,900,000

Prepaid expenses

100,000

Total Current Assets

$ 4,200,000

Property, Plant and Equipment:

Land

500,000

Buildings, net of depreciation

600,000

Equipment, net of depreciation

1,600,000

Total Property, Plant and Equipment

2,700,000

Total Assets

$ 6,900,000

Liabilities and Shareholder Equity

Current Liabilities:

Accounts payable

$ 1,400,000

Wages payable

400,000

Interet payable

50,000

Total Current Liabilities

$ 1,850,000

Long Term Liabilities:

Notes payable

1,000,000

Bonds payable

900,000

Total Long Term Liabilities

1,900,000

Total Liabilities

3,750,000

Shareholders' Equity:

Common stock (100,000 shares)

1,000,000

Additonal paid in capital

200,000

Retained earnings

1,950,000

Total Shareholder Equity

3,150,000

Total Liabilties and Equity

$ 6,900,000