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

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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

Answer rating: 100% (QA)

a Current assets The current ratio is given as 3 0X which means current assets are three times current liabilities Current liabilities are 105 50 mill View the full answer