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The following data apply to Cavendish & Company in ($m)   Cash & Marketable Securities $ 100 Fixed Assets $ 283.5 Sales $ 1000 Net Income $ 50 Quick Ratio 2 Current Ratio 3 Day’s Sales Outstanding 40 Days (assume 365 days a year) ROE 12%   Cavendish has no preferred Shares—only common stocks, current liabilities and Long term debt. Find Cavendish’s: Accounts Receivable Current Liabilities Current Assets Total Assets Turnover

The following data apply to Cavendish & Company in ($m)   Cash & Marketable Securities $ 100 Fixed Assets $ 283.5 Sales $ 1000 Net Income $ 50 Quick Ratio 2 Current Ratio 3 Day’s Sales Outstanding 40 Days (assume 365 days a year) ROE 12%   Cavendish has no preferred Shares—only common stocks, current liabilities and Long term debt. Find Cavendish’s: Accounts Receivable Current Liabilities Current Assets Total Assets Turnover

Intermediate Financial Management (MindTap Course List)
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter7: Analysis Of Financial Statements
Section: Chapter Questions
Problem 12P: The Kretovich Company had a quick ratio of 1.4, a current ratio of 3.0, a days’ sales outstanding of...
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The following data apply to Cavendish & Company in ($m)

 

Cash & Marketable Securities $ 100

Fixed Assets $ 283.5

Sales $ 1000

Net Income $ 50

Quick Ratio 2

Current Ratio 3

Day’s Sales Outstanding 40 Days (assume 365 days a year)

ROE 12%

 

Cavendish has no preferred Shares—only common stocks, current liabilities and Long term debt. Find Cavendish’s:

  1. Accounts Receivable
  2. Current Liabilities
  3. Current Assets
  4. Total Assets Turnover

 

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