Question
Use the following financial statements to answer Question 13 - 20. MCH Corp. Income Statement Sales $ 500 COGS 300 Gross Profit 200 Operating Expenses
Use the following financial statements to answer Question 13 - 20.
MCH Corp. Income Statement | |
Sales | $ 500 |
COGS | 300 |
Gross Profit | 200 |
Operating Expenses | 100 |
Depreciation | 25 |
EBIT | 125 |
Interest Expense | 15 |
EBT | 110 |
Taxes | 25 |
NI | 85 |
Dividends | 0 |
RE | $85 |
MCH Corp. Balance Sheet | |
Cash and Equivalents | $50 |
Accounts Receivable | 100 |
Inventory | 125 |
Net Fixed Assets | 125 |
Total Assets | $400 |
|
|
Accounts Payable | $65 |
Short-Term Notes Payable | 35 |
Accruals | 50 |
Long-Term Debt | 150 |
Total Liabilities | $300 |
Total Shareholders Equity | $100 |
|
|
Liabilities and Shareholders Equity | $400 |
What is the days' sales outstanding?
What is the days' payables outstanding?
What is the cash conversion cycle?
What is the working capital requirement?
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