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SOAL 1 - Working with Financial Statement - (CPMK 1) -25 poin The following is...

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SOAL 1 - Working with Financial Statement - (CPMK 1) -25 poin The following is data obtained from the financial statements of PT. ABC (in billion Rp): Cash and equivalents Fixed Assets Sales Net Income Current Ratio Quick Ratio Days' Sales in Receivables Return on Equity 1 years Rp. 100 Rp. 283.50 Rp. 1000 Rp. 50 | 2x 40 day's 12% 360 day's Do: a. Since its inception, PT. ABC never published preferred stock. The company's assets are fully funded by common stock, current liabilities and long term debt. Based on the available information, make a balance sheet for PT. ABC. b. Recently, PT. ABC succeeded in significantly improving its financial performance by shortening the days' sales in receivables, from 40 days to 30 days. If other things are assumed to be constant, then how much cash will the company receive due to the reduced investment in Account Receivables? If the management of PT. ABC intends to use the additional cash to buy back common stock (at book value), thereby reducing the common stock amount, explain with calculations, how this affect: ROA and the debt ratio? will ROE

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