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The following data apply to JJ Associates (millions of dollars): Cash $ 400 Fixed assets $ 4,300 Sales $14,600 Net income $ 730 Quick ratio

The following data apply to JJ Associates (millions of dollars):

Cash $ 400

Fixed assets $ 4,300

Sales $14,600

Net income $ 730

Quick ratio 2.0

Current ratio 3.0

Days Sales Outstanding (DSO) 40 days

Return on Common Equity (ROE) 12.5%

JJ has no preferred stockonly common equity, current liabilities, and long-term debt.

Calculate JJs

(a) current assets,

(b) total assets,

(b) ROA,

(c) common equity,

(d) long-term debt.

please show your step by step calculations

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