Question: Problem ONE: (MILLIONS of DOLLARS ) -- DO NOT ROUND Cash and Marketable Securities $200 Fixed Assets $550.25 Sales $1,600 Net Income $95 Quick Ratio

Problem ONE:

(MILLIONS of DOLLARS ) -- DO NOT ROUND

Cash and Marketable Securities $200

Fixed Assets $550.25

Sales $1,600

Net Income $95

Quick Ratio (QR) 1.5x

Current Ratio (CR) 3.2x

Days Sales Outstanding (DSO) 53 days

Return on Equity (ROE) 11.0000%

Solve for:

Accounts receivable

current liabilities

current assets

total assets

return on assets

common equity

long term debt

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