The following data applies to Jacobus and Associates (millions of dollars):

Cash and marketable securities $100.00

Fixed assets $283.50

Sales $1,000.00

Net income $50.00

Quick ratio 2.0

Current ratio 3.0

DSO 40.55 days

ROE 12%

Jacobus has no preferred stock, only common stock, current liabilities, and long-term debt. Find Jacobus's

 (1) accounts receivable, 

(2) current liabilities,

(3) current assets, 

(4) total assets,

 (5) ROA, 

(6) common equity, and 

(7) long-term debt.

Answer rating: 100% (QA)

Lets break down the information provided 1 Accounts Receivable AR Days Sales Outstanding DSO 4055 da... View the full answer