1. What is Orange Inc.$?$s days sales outstanding $($DSO$)?$

2. What is Orange Inc.$?$s quick ratio?

3. What is Orange Inc.$?$s total debt to total capital ratio?

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Orange Inc. posted the following Balance Sheet and Income Statement Balance Sheet Cash $ 50,000 Accounts Payable $185,000 Accounts Receivable 125,000 Notes Payable 125,000 Inventories 225,000 Long-term debt 115,000 Net Plant and Equipment 525,000 Common Stock 350,000 Total Assets $925,000 Income Statement Retained earnings Total liabilities and Stockholders' Equity 150,000 $925,000 Sales Cost of goods sold Depreciation Earnings before interest and taxes Interest expense $525,000 215,000 65,000 245,000 35,000 Earnings before taxes 210,000 Taxes (40%) 84,000 Net income $126,000 Orange Inc. posted the following Balance Sheet and Income Statement Balance Sheet Cash $ 50,000 Accounts Payable $185,000 Accounts Receivable 125,000 Notes Payable 125,000 Inventories 225,000 Long-term debt 115,000 Net Plant and Equipment 525,000 Common Stock 350,000 Total Assets $925,000 Income Statement Retained earnings Total liabilities and Stockholders' Equity 150,000 $925,000 Sales Cost of goods sold Depreciation Earnings before interest and taxes Interest expense $525,000 215,000 65,000 245,000 35,000 Earnings before taxes 210,000 Taxes (40%) 84,000 Net income $126,000

Answer rating: 100% (QA)

DSO Accounts Receivable Sales 365 days From the balance sheet we can see that Accounts Receivable 12... View the full answer