Augusta Golf has the following information available:
Cash and equivalents 120,000
Fixed Assets 450,000
Sales 1,387,000
Net Income 100,000
Current Liabilities 125,000
Current Ratio 3X
DSO 41 days
ROE 15.4%
Augusta Golf has no preferred stock -- only common equity, current liabilities and long-term debt.
PRIMARY POST: Question 2
CALCULATE THE FOLLOWING:
1) Accounts Receivable
2) Inventory
3) Total Current Assets
4) Total Assets
5) ROA
6) Long-term Debt
7) Common Equity