Question: Problems Ratio Analysis The following data apply to A.L Kaiser & Company(million of dollars) Cash and equivalents $ 100.00 Fixed assets 283.50 Sales 1,000.00 Net
Problems Ratio Analysis
The following data apply to A.L Kaiser & Company(million of dollars)
Cash and equivalents $ 100.00
Fixed assets 283.50
Sales 1,000.00
Net Income 50.00
Current liabilities 105.50
Carrent ratio 3.00X
DSO* 40.55 day
ROE 12.00%
*This calculation is based on a365 day year
Kalser has no preferred stock-only common equity, current liabilities, and long term debt.
Find Kaisers (1) accounts receivable, (2) Current Assets, (3) total assets, (4) ROA, (5) common equity, (6) quick ratio, and (7) long-term debt.
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