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The following data apply to ABC Company (millions of dollars): Cash and equivalents $50.00 Fixed assets $350 Sales $1,200.00 Net income $50.00 Current liabilities $120
The following data apply to ABC Company (millions of dollars):
Cash and equivalents $50.00
Fixed assets $350
Sales $1,200.00
Net income $50.00
Current liabilities $120
Current ratio 2.5
DSO 40 days (based on a 365-day year)
ROE 15%
ABC has no preferred stockonly common equity, current liabilities, and long-term debt.
Find ABCs
accounts receivable, current assets, total assets, ROA, common equity, quick ratio, long-term debt and equity multiplier
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