Question: Round to 2 decimal places and answer $ amounts in millions (for example 1,000,000,000 would be entered as 1,000). Question 1) A company has current

Round to 2 decimal places and answer $ amounts in millions (for example 1,000,000,000 would be entered as 1,000).

Question 1) A company has current liabilities of $500 Million, and its current ratio is 2.0. What is the total of its current assets?

Question 2) A company has current liabilities of $500 Million, and its current ratio is 2.0. If the firms quick ratio is 1.6, how much inventory does it have?

Question 3) A firm has annual sales of $100 million, $20 million of inventory, and $30 million of accounts receivable. What is its inventory turnover ratio?

Question 4) A firm has annual sales of $100 million, $20 million of inventory, and $30 million of accounts receivable. What is its DSO?

Question 5) A firm has an ROA of 11%, a 6% profit margin, and an ROE of 23%. What is its total assets turnover?

Question 6) A firm has an ROA of 11%, a 6% profit margin, and an ROE of 23%. What is its equity multiplier?

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