Suppose that Royval Inc has the following data: Also suppose that Royval Inc has the following balance sheet: Use the formulas you learned about in the previous stage of the problem to answer the following questions. Given the value of total assets turnover, along with the level of total assets given, this means that Royval's sales must be Given the value of DSO, along with the level of sales you already calculated, this means that Royval's recelvables must be Given the value of the inventory ratio, along with the level of sales you already calculated, this means that Royval's inventories must be - Given the value of the fixed assets turnover ratio, as fell as the level of sales, this means that Royval's fixed assets must be equal to Solving for cash yleids a value of cash of for Royval. Given the current ratio of 2.5 and values of cash, accounts receivable, and inventories, the level of current liabilities must be Given the level of retained earnings, current liabilities, and long-term debt, along with the relationship between total assets and total liabilities and equity, this means that Royval's common stock must be Given the gross profit margin and the level of sales you have already calculated, this means that Royval has a cost of goods sold of According to the video, total assets turnover is equal to . Given the value of total assets turnover, along with the level of total assets given, this means that Rorval's sales must be According to the video, DSO (days sales outstanding) can be written as _ Given the value of DSO, along with the level of sales you already calculated, this means that Royval's recevables must be According to the video, the inventory ratio can be written as equal to - Given the value of the inventory ratio, along with the level of sales you already calculated, this means that Royval's inventories must be According to the video, the fixed asset turnover ratio can be written as According to the video, cash can be written as total assets minus foxed assets, inventories, and accounts receivable. This yieids a value of cash of for Royval. According to the video, the current ratio can be written as Plugging in the value for current assets and the value of the current ratio yleids a value of current liabilities of approximately According to the video, the value of total assets is equal to the value of total liabilities and equity. In the video, total liabilities and equity is equal to - Given the level of total liabilities and equity, as well as retained earnings, current liabilities and the level of long-term debt, solving for Royval's common stock ylelds According to the video, gross profit margin can be written as - Given the gross profit margin and the level of sales you have already calculated, this means that Royral has a cost of goods sold of Suppose that Royval Inc has the following data: Also suppose that Royval Inc has the following balance sheet