3. Shanan Gibe and Associates has no preferred stock—only common equity, current liabilities, and long term debt. Based on the given data Find Shanan Gibe and Associates (1) accounts receivable, (2) current liabilities, (3) current assets, (4) total assets, (5) ROA, and (6) common equity

Explanation:

Obviously, the accounts' balances are missing, so I looked for a similar question:

accounts receivables = days sales outstanding x (sales / 365) = 40 x ($14,600/365) = $1,600 million

current liabilities = (current assets - inventory) / quick ratio

current assets - inventory = cash + accounts receivable = $400 + $1,600 = $2,000

current liabilities = $2,000 / 2 = $1,000

current assets = current liabilities x current ratio

current assets = $1,000 x 3 = $3,000

total assets = current assets + net fixed assets = $3,000 + $4,300 = $7,300 million

ROA = net income / total assets = $730 / $7,300 = 10%

shareholders' equity = net income / ROE = $730 / 12.5% = $5,840 million

shareholders' equity = common equity + retained earnings

$5,480 = common equity + $730

common equity = $4,750

years agooo ahaha. but honestly they need to update ! : )

answer; is the sum of all individual demands curves;