Fill in the table with the appropnate values. (Hint: Use the formulas you learned in the video and exercises in the previous stage of the problem.) Fill in the cable with the approprlate values. (Hint: Use the formulas vou fearned in the video and exercises in the previous stage of the problem.) Hint: Recall that Ourrent Assets = Cesh and Equivalents + Accounts Recrivable + Intentories. Hint: Recall that Total Liabiliticn and Equity = Toral Assets. Long term debt is Suppose that Niles could reduce ins DSp from 18.25 to 12 , and use the cash that was generated to buy back common stock at book value. Now it's time for you to practice what you've learned. Suppose that you are given the following data for Niles Company: Note: The data and calculations are based on a 365 -day year. Hint: Recall that Total Liabilities and Equity = Total Assets. Long term debt is Suppose that Niles could reduce its DSO from 18.25 to 12 , and use the cash that was generated to buy back common stock at book value. Use the table to indicate the change in accounts recenvable, ROA, ROE, and total debertotal capital ratio. The quick ratio is equal to Plugging in the relevant values for current assets, current liabilities, and inventories (calculated using the previous identity) yields a quick ratio of approximately Suppose that Niles could reduce its DSO from 16.25 to 12. Given the formula for DSO from the video, as welf as the same annual sales of $6,250,000, the new value accounts receivable (associated with the new DSO) must be , all else equal. The change (or the absolute value of the difference between the original and new values) in accounts recelvable represents an amount of approximately in cash generated. As a result of the stock buy back, the ROA and ROE both Suppose Nilles uses the cash generated by the lewer DSO to buy back common stock at book value, thus reduding common equity. As a result of this new, fowe, DSO, total debt and total capital This means that the total debe/total capital ratio must Suppose that you are given the following data for Nilles Company : Note: The data and calculations are based on a 365-day year. The current ratio is equal to Dhoging in the relevant values for the current ratio and current liablities, and then solving vields a current assets value of Adding fixed assets to current assets vields a value of total assets of The days sales outstanding (DSO) ratio is equal to 1. Plupoing in the relevant values for the osio ratio and sales, and then solvino vields an accounts receivable balance of The days sales outstanding (DSO) ratio is equal to - Plugging in the relevant values for the DSO ratio and sales, and then solving yields an accounts receivable balance of Return on equity (ROE) is to Pluging in the relevant values for ROE and net income yields a value of total common equity of approximately Recall that Total Asscts = Total Liabilities and Equity. Mathematically, total liabilities and equity is equal to . Plugging in the relevant values for total llabilities and equity, current liabilities, and equity (calculated using the previous identify) and then solving for long-term debt, vields a long-term debt of Return on assets (ROA) is equal to the product of profit margin multiplied by total assists turnower, which is equivalent to Plugging in the relevant values for net income and total assets yields an ROA of approximately Recall the following identity: Current Assets = Cash and equivalents + Acoounts Recoivable + Intentorics The quick ratio is equal th Dhugoing in the relevant values for current assgcs, current wablities, and inventories calculated using the previous identity) yieids a quick ratio of approwimater