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ity, how would this affect (1) the RON, (2) the ROA, and the ratio of a b. In part, you should have found Jacobus's accounts

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ity, how would this affect (1) the RON, (2) the ROA, and the ratio of a b. In part, you should have found Jacobus's accounts receivable - SHILI million other things constant, how much exsh would it generate? If this cash were used to buy back common stock ut book value), thus reducing the amount of con The following data apply to Jacobus and Associates (millions of dollars): Cash and marketable securities $ 100.00 Fixed assets $ 283.50 Sales $1,000.00 Net income $ 50.00 Quick ratio 2.0 Current ratio 3.0 DSO 40.55 days ROE 12% Jacobus has no preferred stock-only common equity, current liabilities, and long term debit. Find Jacobus's (1) accounts receivable, (2) current liabilities, (3) current assets. (4) toalets, () ROA (6) common equity, and (7) long-term debt. il jain could reduce its from 40.55 days to 10.4 days while holding howers pour in Argeo

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