Assignment:
Q1. Baker Brothers has a DSO of 40 days. The company’s average daily sales are $20,000. What is the level of its accounts receivable? Assume there are 365 days in a year.
Q2. Bartley Barstools has an equity multiplier of 2.4. The company’s assets are financed with some combination of long-term debt and common equity. What is the company’s debt ratio?
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.