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The following data apply to A. L. Kaiser & Company (millions of dollars): Cash and equivalents $100 Current Liabilities $105.50 Current Ratio 3.0X Sales $1,000
The following data apply to A. L. Kaiser & Company (millions of dollars):
Cash and equivalents | $100 |
Current Liabilities | $105.50 |
Current Ratio | 3.0X |
Sales | $1,000 |
Days Sales Outstanding | 40.55 days |
Non-current Assets | $283.50 |
Net Income | $50.00 |
Return on Equity | 12% |
The company has no preferred stock. The only current assets that the company has are cash, accounts receivable and inventory. Find the value of Kaisers
a. Current assets
b. Accounts receivables
c. Total assets
d. Long-term debt
e. Quick ratio.
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