The following information is available about Ali corporation. Accounts payable $10 million Accounts receivable $5.48...

80.2K

Verified Solution

Question

Finance

image
The following information is available about Ali corporation. Accounts payable $10 million Accounts receivable $5.48 million Average inventory $30 million Buildings and land ? Cash $5 million Cost of goods sold $80 million EBIT 29109757 Long-term bonds 18095966 with 0.1 coupon Price per share $72 Price/Earnings ratio 18 Stockholders equity ? Total assets $100 million Total sales $125 mill What is the Interest coverage ratio

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students