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

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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