Submit a one pager outlining "what went wrong" of a financial statement manipulation case you found online based on the following themes assigned:

Assigned work (income statement manipulation, specifically expense manipulation)

Need in 1 hr

(3-1) Greene Sisters has a DSO of 20 days. The company's average daily sales are $20,000. What Days Sales is the level of its accounts receivable? Assume there are 365 days in a year. Outstanding (3-2) Vigo Vacations has $200 million in total assets, $5 million in notes payable, and $25 Debt Ratio million in long-term debt. What is the debt ratio? (3-3) Winston Washers's stock price is $75 per share. Winston has $10 billion in total assets. Its Market/Book Ratio balance sheet shows $1 billion in current liabilities, $3 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? (3-4) Reno Revolvers has an EPS of $1.50, a cash flow per share of $3.00, and a price/cash flow Price/Earnings Ratio ratio of 8.0. What is its P/E ratio? (3-5) Needham Pharmaceuticals has a profit margin of 3\% and an equity multiplier of 2.0. ROE Its sales are $100 million and it has total assets of $50 million. What is its ROE? (3-1) Greene Sisters has a DSO of 20 days. The company's average daily sales are $20,000. What Days Sales is the level of its accounts receivable? Assume there are 365 days in a year. Outstanding (3-2) Vigo Vacations has $200 million in total assets, $5 million in notes payable, and $25 Debt Ratio million in long-term debt. What is the debt ratio? (3-3) Winston Washers's stock price is $75 per share. Winston has $10 billion in total assets. Its Market/Book Ratio balance sheet shows $1 billion in current liabilities, $3 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? (3-4) Reno Revolvers has an EPS of $1.50, a cash flow per share of $3.00, and a price/cash flow Price/Earnings Ratio ratio of 8.0. What is its P/E ratio? (3-5) Needham Pharmaceuticals has a profit margin of 3\% and an equity multiplier of 2.0. ROE Its sales are $100 million and it has total assets of $50 million. What is its ROE