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Twist Corp. has a current accounts receivable balance of $317,615. Credit sales for the year just ended were $2,947,600. a. What is the receivables turnover?
Twist Corp. has a current accounts receivable balance of $317,615. Credit sales for the year just ended were $2,947,600. a. What is the receivables turnover? What is the days' sales in receivables?
Griffins Goat Farm, Inc., has sales of $659,000, costs of $235,000, depreciation expense of $40,000, interest expense of $29,000, and a tax rate of 24 percent. The firm paid out $111,000 in cash dividends, and has 40,000 shares of common stock outstanding.
a. What is the earnings per share, or EPS, figure? What is the dividends per share figure?
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