Question: Please help me answer these questions. 14) Kessler Cleaners has accounts receivable of $28,943, total assets of $387,600, cost of goods sold of $317,400, and

Please help me answer these questions.

14) Kessler Cleaners has accounts receivable of $28,943, total assets of $387,600, cost of goods sold of $317,400, and a capital intensity ratio of .97. What is the accounts receivable turnover rate?

12.63

13.81

12.42

14.61

10.97

15) Leisure Products has sales of $738,800, cost of goods sold of $598,200, and accounts receivable of $86,700. How long on average does it take the firm's customers to pay for their purchases? Assume a 365-day year.

8.65 days

11.28 days

25.01 days

42.83 days

45.33 days

17)A firm has net income of $197,400, a return on assets of 8.4 percent, and a debt-equity ratio of .72. What is the return on equity?

11.67 percent

18.98 percent

14.45 percent

16.22 percent

15.06 percent

19) World Exports has total assets of $938,280, a total asset turnover rate of 1.18, a debt-equity ratio of .47, and a return on equity of 18.7 percent. What is the firm's net income?

$119,359.43

$88,303.33

$104,624.14

$121,548.09

$92,236.67

20) Tessler Farms has a return on equity of 11.28 percent, a debt-equity ratio of 1.03, and a total asset turnover of .87. What is the return on assets?

5.56 percent

8.06 percent

13.67 percent

15.24 percent

17.41 percent

21) A firm has adopted a policy whereby it will not seek any additional external financing. Given this, what is the maximum growth rate for the firm if it has net income of $32,600, total equity of $294,000, total assets of $503,000, and a 25 percent dividend payout ratio?

5.11 percent

4.88 percent

6.62 percent

7.67 percent

8.37 percent

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