1. Greene Sisters had a Days Sales Outstanding of 20 days. The company's average daily sales are $20,000. What is the level of its accounts receivables? Assume there are 365 days in the year.
2. Vigo Vacations has an equity multiplier of 2.5. The company's assets are financed with a combination of long-term debt and common equity. What is the company's debt ratio?
3. Winston Washer's stock price is $75 dollars per share. Winston has $10 billion in total assets. Its balance sheet shows $1 billion in current liabilities, $3 billion in long-term debt, and $6 billion in common equity. It has 800 million shares of common stock outstanding. What is Winston's market/book ratio?