Find the following using the data bellow a. Accounts receivable B. Current assets C. Total assets D. Return on assetsE. Common equityF. Quick ratio Current Assets :Cash and EquivalentsAccounts ReceivableInventoryFixed (Long-term) Assets100,000,000283,500,0001,000,000,00050,000,000105,500,00020,000,0003.0040.5515 daysSalesNet IncomeCurrent LiabilitiesNotes PayableCurrent RatioDays Sales Outstanding (DSO) Ratio(DSO based on 365 days year)Return on Common Equity (ROE)12.00 %

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Find the following using the data bellow a. Accounts receivable B. Current assets C. Total assets

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 6MCQ

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Question

Find the following using the data bellow

a. Accounts receivable

B. Current assets

C. Total assets

D. Return on assets

E. Common equity

F. Quick ratio

Current Assets :
Cash and Equivalents
Accounts Receivable
Inventory
Fixed (Long-term) Assets
100,000,000
283,500,000
1,000,000,000
50,000,000
105,500,000
20,000,000
3.00
40.5515 days
Sales
Net Income
Current Liabilities
Notes Payable
Current Ratio
Days Sales Outstanding (DSO) Ratio
(DSO based on 365 days year)
Return on Common Equity (ROE)
12.00 %

Definition Definition Money that the business will be receiving from its clients who have utilized the credit provided to buy its goods and services. The credit period typically lasts for a short term, lasting from a few days, a few months, to a year.

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