The CFO of ABC Clothing, a clothing manufacturer is putting together the company's financial statements for 2021. For 2020 sales were $435 Million and cost of goods sold were $253 Million, SG&A expenses were $21 million, depreciation was $57 million and interest paid on debt was $34 million. At the end of 2021 ABC clothing had $28 million in cash. $45 million in accounts receivable, $147 million in inventory, a $872 million in fixed assets. It also had $41 million in accounts payable, $94 million in notes payable, $362 million in long-term debt and $441 million in stockholders equity. What is the days sales in inventory? (Answers must be correct to 2 decimal places.) Hint: You will have to calculate another inventory ratio first. I The CFO of ABC Clothing, a clothing manufacturer is putting together the company's financial statements for 2021. For 2020 sales were $435 Million and cost of goods sold were $253 Million, SG&A expenses were $21 million, depreciation was $57 million and interest paid on debt was $34 million. At the end of 2021 ABC clothing had $28 million in cash, $45 million in accounts receivable, $147 million in inventory, a $872 million in fixed assets. It also had $41 million in accounts payable, $94 million in notes payable, $362 million in long-term debt and $441 in stockholders equity. What is the profit margin? (Answers can be given as a decimal or a percent. If given as a decimal it must be correct to 4 decimal places. If it is in percent it must be correct to 2 decimal places.) The CFO of ABC Clothing, a clothing manufacturer is putting together the company's financial statements for 2021. For 2020 sales were $435 Million and cost of goods sold were $253 Million, SG&A expenses were $21 million, depreciation was $57 million and interest paid on debt was $34 million. At the end of 2021 ABC clothing had $28 million in cash, $45 million in accounts receivable, $147 million in inventory, a $872 million in fixed assets. It also had $41 million in accounts payable, $94 million in notes payable, $362 million in long-term debt and $441 million in stockholders equity. What is the return on equity? (Answers can be given as a decimal or a percent. If given as a decimal it must be correct to 4 decimal places. If it is in percent it must be correct to 2 decimal places.) The CFO of ABC Clothing, a clothing manufacturer is putting together the company's financial statements for 2021. For 2020 sales were $435 Million and cost of goods sold were $253 Million, SG&A expenses were $21 million, depreciation was $57 million and interest paid on debt was $34 million. At the end of 2021 ABC clothing had $28 million in cash, $45 million in accounts receivable, $147 million in inventory, a $872 million in fixed assets. It also had $41 million in accounts payable, $94 million in notes payable, $362 million in long-term debt and $441 in stockholders equity. ABC corp currently has 13,250,000 outstanding shares of stock with a current market price of $57.80 each. What is the market-to-book ratio? (Answers can be given as a decimal or a percent. If given as a decimal it must be correct to 4 decimal places. If it is in percent it must be correct to 2 decimal places.)
