A company has current liabilities of $500 Million, and its current ratio is 2.0.

1. What is the total of its current assets?

2. If the firm’s quick ratio is 1.6, how much inventory does it have?

A firm has annual sales of $100 million, $20 million of inventory, and $30 million of accounts receivable.

3. What is its inventory turnover ratio?

4. What is its DSO?

A firm has an ROA of 11%, a 6% profit margin, and an ROE of 23%.

5. What is its total assets turnover?

6. What is its equity multiplier?

7. Precious metal mining has $17 million in sales, its ROE is 17%, and its total assets turnover is 3.2X. Common equity on the firm’s balance sheet is 50% of its total assets. What is its net income?

INCOME STATEMENT

8. What is D’Leon’s Forecasted Current Ratio for 2016?

9. What is D’Leon’s Forecasted Quick Ratio for 2016?

10. What is D’Leon’s Inventory Turnover ratio for 2016?

11. What is D’Leon’s DSO for 2016?

12. What is D’Leon’s FA turnover for 2016?

13. What is D’Leon’s TA turnover for 2016?

14. What is D’Leon’s Debt-to-capital ratio for 2016?

15. What is D’Leon’s Times-interest earned ratio for 2016?

Answer rating: 100% (QA)

A company has current liabilities of 500 Million and its current ratio is 2 0 1 What is the total of its current assets ANS WER The total of its current assets is 1 000 Million WORK ING Current ratio ... View the full answer