Cash Fixed assets Sales Net Income Current Liabilities Current Ratio 100,000 283,500 1,000,000 50,000 105,500 3.00x DSO 40.55 days 12.00% ROE ABC Co. has no preferred stock, only common equity, current liabilities, and long-term debt. What is ABC Co. AR? 111.1 M 101 M

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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ABC Company
Cash
Fixed assets
Sales
Net Income
Current Liabilities
Current Ratio
DSO
ROE
Cash
Fixed assets
Sales
Net Income
Current Liabilities
Current Ratio
100,000
283,500
1,000,000
50,000
105,500
3.00x
40.55 days
12.00%
100,000
283,500
1,000,000
50,000
105,500
3.00x
DSO
40.55 days
12.00%
ROE
ABC Co. has no preferred stock, only common equity, current liabilities, and long-term debt.
What is ABC Co. AR?
111.1 M
101 M
120 M
110 M
Transcribed Image Text:ABC Company Cash Fixed assets Sales Net Income Current Liabilities Current Ratio DSO ROE Cash Fixed assets Sales Net Income Current Liabilities Current Ratio 100,000 283,500 1,000,000 50,000 105,500 3.00x 40.55 days 12.00% 100,000 283,500 1,000,000 50,000 105,500 3.00x DSO 40.55 days 12.00% ROE ABC Co. has no preferred stock, only common equity, current liabilities, and long-term debt. What is ABC Co. AR? 111.1 M 101 M 120 M 110 M
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