Chapter 16, Problem 17E

Management is considering the following independent courses of action to increase net income

The Riverfront has sales of $875,600, costs of goods sold of $623,800, inventory of $152,700, and accounts receivable of $85,400. How many days, on average, does it take the firm to sell its inventory assuming that all sales are on credit? A) 79.52 days B) 89.25 days C) 82.94 days D) 91.45 days E) 80.31 days

Bella's has annual sales of $528,400, total debt of $112,000, total equity of $145,000, and a profit margin of 7.54 percent. What is the return on assets? A) 12.67 percent B) 14.85 percent C) 10.43 percent D) 13.52 percent E) 18.92 percent

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Financial Accounting Question please answer

What is the value of the total assets?

Please provide the accurate answer to this general accounting problem using valid techniques.

ARC Stores has total debt of $8,325 and a debt-equity ratio of 0.63. What is the value of the total assets?

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