Question: Round to 2 decimal places and answer $ amounts in millions ( for example 1 , 0 0 0 , 0 0 0 , 0

Round to 2 decimal places and answer $ amounts in millions (for example 1,000,000,000 would be entered as 1,000).
1. A company has current liabilities of $500 Million, and its current ratio is 2.0. What is the total of its current assets?
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?
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?
4. A firm has annual sales of $100 million, $20 million of inventory, and $30 million of accounts receivable. What is its DSO?
5. A firm has an ROA of 11%, a 6% profit margin, and an ROE of 23%. What is its total assets turnover?
6. A firm has an ROA of 11%, a 6% profit margin, and an ROE of 23%. What is its equity multiplier?
7. Precious metal mining has $17 million in sales, its ROE is 17%, and its total assets turnover is 3.2X. Common equity on the firms balance sheet is 50% of its total assets. What is its net income? (Answer this problem without scaling - i.e. do not answer in millions so that 1,252,340 would be entered as 1,252,340, and use "17,000,000" for 17 million in calculations)
For the following questions, use the attached balance sheet.
8. What is DLeons Forecasted Current Ratio for 2016?
9. What is DLeons Forecasted Quick Ratio for 2016?
10. What is DLeons Inventory Turnover ratio for 2016?
11. What is DLeons DSO for 2016?
12. What is DLeons Fixed Asset turnover for 2016?
13. What is DLeons Total Asset turnover for 2016?
14. What is DLeons Debt-to-capital ratio for 2016? Answer in percentage form (Ex: if your formula gives you .28467 you would answer 28.47 without the "%").
15. What is DLeons Times-interest earned ratio for 2016?
 Round to 2 decimal places and answer $ amounts in millions

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