Selected financial data for Amberjack Corporation follows. a. Calculate the current and quick ratio at the end of each year. Note: Round your answers to 1 decimal place. b. Assuming a 365-day year for all calculations, compute the following: i. The collection period each year based on sales. ii. The inventory turnover and the payables period each year based on cost of goods sold. iii. The days' sales in cash each year. iv. The gross margin and profit margin each year. Note: Round your answers to 1 decimal place. Negative answers should be indicated by parentheses. Answer the following questions based on the information in the table. Assume a tax rate of 30 percent. For simplicity, assume that the companies have no other liabilities other than the debt shown. (All dollars are in millions.) a. Calculate each company's ROE, ROA, and ROIC. Note: Round your answers to 1 decimal place. You are trying to prepare financial statements for Bartlett Pickie Company, but seem to be missing its balance sheet. You have Bartlett's income statement, which shows sales last year were $440 million with a gross profit margin of 30 percent. You also know that credit sales equaled three-quarters of Bartlett's total revenues last year. In addition, Bartlett had a collection period of 49 days, a payables period of 40 days, and an inventory turnover of 11 times based on cost of goods sold. Calculate Bartlett's yearending balance for accounts receivable, inventory, and accounts payable. Note: Round your answers to 1 decimal place. In 2020 , Natural Selection, a nationwide computer dating service, had $540 million of assets and $220 million of liabilities. Earnings before interest and taxes were $140 million, interest expense was $30 million, the tax rate was 40 percent, principal repayment requirements were $26 million, and annual dividends were 40 cents per share on 22 million shares outstanding. a. Calculate the following for Natural Selection: Note: Round your answers to 2 decimal places. b. What percentage decline in earnings before interest and taxes could Natural Selection have sustained before failing to cover: Note: Round your answers to 1 decimal place. Given the following information, complete the balance sheet shown next. (All sales are on credit. All calculations assume a 365-day year. The payables period is based on cost of goods sold.) Note: Round your answers to the nearest whole dollar. The following table presents selected 2020 annual income statement items and balance sheet items for Toyota Motor and Apple. All figures are in millions. Use the information to answer the questions that follow. a. Calculate the length of the operating cycle for Toyota and Apple. b. Calculate the length of the cash conversion cycle for Toyota and Apple. Note: Negative value should be indicated by parentheses. Round your answers to 1 de-imal nlare
