XYZ company has the following info: Company plans to issue $450,000 in dividends, long term debt is $3,300,000, Profit margin is 10%, NI is $200,000, Total assets is $5million, ROA is 2.2%, ROE is 7.4%, DSO is 36 days, number of shares is 3,690,000, Inventory Turnover is 24 times, TAT is 29.62%, Expenses are $1,800,000, capital stock is $1,000,000, In addition to a given data market capitalization of XYZ is $29,889,000 while the debt ratio is 70%, debt to equity ratio is 2.33 and retained earnings are $350,000 - please calculate current liabilities
XYZ company has the following info: Company plans to issue $450,000 in dividends, long term debt is $3,300,000, Profit margin is 10%, NI is $200,000, Total assets is $5million, ROA is 2.2%, ROE is 7.4%, DSO is 36 days, number of shares is 3,690,000, Inventory Turnover is 24 times, TAT is 29.62%, Expenses are $1,800,000, capital stock is $1,000,000, In addition to a given data market capitalization of XYZ is $29,889,000 while the debt ratio is 70%, debt to equity ratio is 2.33 and retained earnings are $350,000 - please calculate current liabilities
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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