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What is the company total current assets

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Question - Established in 1990, Apple Orange Inc. Corp. has a gross profit margin of 31.7% on net sales of USD9,865,214 and total assets of USD7,125,852. The company has a current ratio of 2.7 times, accounts receivable of USD1,715,363, cash and marketable securities of EUR315,488, and current liabilities of USD870,938.

Required -

a) What is the company's total current assets?

b) How much inventory does the firm have? What is the inventory turnover ratio?

c) What is Apple Orange Inc.'s days' sales outstanding?

d) If management sets a target DSO of 30 days, what should the company's accounts receivable be?

e) Identify and describe the noncash expenses that a company may incur in day-to-day business situation.

Reference no: EM133171696

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