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The following data apply to ABC Corporation (millions of dollars) Cash and marketable securities 100 Fixed assets 283.50 Sales 1000 Net income 50 Quick ratio
The following data apply to ABC Corporation (millions of dollars)
Cash and marketable securities 100
Fixed assets 283.50
Sales 1000
Net income 50
Quick ratio 2
Current ratio 3
DSO 40.55 days
ROE 12%
ABC Corporation has no preferred stock----only common equity, current liabilities and long-term debt.
Compute the following for ABC Corporation:
1. Accounts Receivable
2. Current Liabilities
3. Current Assets
4. Total Assets
5. ROA
6. Common equity
7. Long-term Debt
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