Please help me with only problem 2 and 4

Vanity Press, Inc., has annual credit sales of $1.6 million and a gross profit margin of 35 percent.

a) If the firm wishes to maintain an average collection period of 50 days, what level of accounts receivable should it carry? (Assume a 365-day year.)

b. The inventory turnover for this industry averages six times. If all of Vanitys sales are on credit, what average level of inventory should the firm maintain to achieve the same inventory turnover figure as the industry?

Pacific Fixtures lists the following accounts as part of its balance sheet.

Total assets $10,000,000

Accounts payable $2,000,000

Notes payable (8%) 1,000,000

Bonds (10%) 3,000,000

Common stock at par 1,000,000

Contributed capital in excess of par 500,000

Retained earnings 2,500,000

Total liabilities and stockholders equity $10,000,000

Compute the return on stockholders equity if the company has sales of $20 million and the following net profit margin:

a. 3 percent

b. 5 percent

3. Clovis Industries had sales in 2013 of $40 million, 20 percent of which were cash. If Clovis normally carries 45 days of credit sales in accounts receivable, what are its average accounts receivable balances? (Assume a 365-day year.)

4. Williams Oil Company had a return on stockholders equity of 18 percent during 2013. Its total asset turnover was 1.0 times, and its equity multiplier was 2.0 times. Calculate the companys netprofitmargin. 5. Using the data in the following table for a number of firms in the same industry, do the following: a. Compute the total asset turnover, the net profit margin, the equity multiplier, and the return on equity for each firm.