Question: ( ST - 2 ) The following data apply to Jacobus and Associates ( millions of dollars ) : Ratio Analysis Cash and marketable

( ST - 2 ) " The following data apply to Jacobus and Associates ( millions of dollars ) : Ratio Analysis Cash and marketable securities* 100.00 Fixed assets 283.50 Sales $ 1, 0010.00 Net income Quick ration 2.0 Current ration 3.0 DISC 40.55 days ROH 12%' Jacobus has no preferred stack- only common equity , current liabilities , and long- term debt . 1. Find Jacobus's ( I ) accounts receivable , ( 2 ) current liabilities , ( 3 ) current assets . ( 4 ) total assets, (5) RON, ( 6 ) common equity , and ( 7 ) long-term debt

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