4. The following data apply to A. L. Kaiser & Company (millions of dollars): Cash and...

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4. The following data apply to A. L. Kaiser & Company (millions of dollars): Cash and equivalents Current Liabilities Current Ratio Sales Days Sales Outstanding Non-current Assets Net Income Return on Equity $100 $105.50 a. Current assets b. Accounts receivables c. Total assets d. Long-term debt e. Quick ratio. 3.0X $1,000 40.55 days $283.50 $50.00 12% The company has no preferred stock. The only current assets that the company has are cash, accounts receivables and inventory. Find the value of Kaiser's 4. The following data apply to A. L. Kaiser & Company (millions of dollars): Cash and equivalents Current Liabilities Current Ratio Sales Days Sales Outstanding Non-current Assets Net Income Return on Equity $100 $105.50 a. Current assets b. Accounts receivables c. Total assets d. Long-term debt e. Quick ratio. 3.0X $1,000 40.55 days $283.50 $50.00 12% The company has no preferred stock. The only current assets that the company has are cash, accounts receivables and inventory. Find the value of Kaiser's

Answer rating: 100% (QA)

a Current assets The current ratio is given as 30X which means current assets are three times current liabilities Current liabilities are 10550 millio... View the full answer