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The following data apply to Blandish Industries (all current assets are listed below). Cash and Marketable Securities $50 million Current Liabilities $120 million Sales $150

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The following data apply to Blandish Industries (all current assets are listed below). Cash and Marketable Securities $50 million Current Liabilities $120 million Sales $150 million Earnings Per Share (EPS) $1.62 Inventory (use as Average as well) $35 million Account Receivable $85 million PE Ratio 23.93 1. What is the value of Blandish's Inventory Turnover Ratio? a. 6.45 b. 7.14 C. 4.28 d. 12.7 2. What is Blandish's Current Ratio? a. 0.88 b. 0.94 C. 1.04 d. 1.42 3. What is Blandish's Stock Price as of this statement? a. $38.77 b. $8.59 c. $22.57 d. Not enough information to determine

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