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Use financial ratios to conduct the following questions; Given the following information, calculate the Average Collection Period for the company. Sales = $500,000. Accounts receivable

Use financial ratios to conduct the following questions;

  1. Given the following information, calculate the Average Collection Period for the company. Sales = $500,000. Accounts receivable = $100,000. (2 points)

  1. A firm's stock price is $32 and the companys shareholders equity = $8,000,000. The company has 1,000,000 shares outstanding. What is the Market Price to Book Value ratio (P/BV)? (2 points)

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