Find north star common equity

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Reference no: EM132479366

North Star had the following data (thousands of dollars):

Cash and equivalents                  100.00

Fixed assets                              283.50

Sales                                     1,000.00

Net income                                  50.00

Current liabilities                          105.50

Notes payable to bank                    20.00

Current ratio                                  3.00

DSO                                            40.55 days

ROE                                               12.00%

North Star has no preferred stock-only common equity, current liabilities, and long-term debt.

Question : Find North Star's (6) common equity. Do not round intermediate calculations; round final answers to two decimal places.

Question

Question 1: Find North Star's (6) common equity.

Question 2: Find North Star's (7) inventory.

Question 3: Find North Star's (8) quick ratio.

Question 4: Find North Star's (9) long-term debt.

Reference no: EM132479366

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