The following data apply to keefin booni company (million of dollars) Cash and marketable security $ 100
Fixed assets $ 283.50
Sales $ 1000
Net income $ 50
Quick ratio 2.0x
Current ratio 3.0x
DSO 40 days
BOE 12%
Calculations based on a 360 days
Have 500 thousand outstanding common stock shares and the market value per share $ 900 and cash divided of 20 million of cash
Find a, account receivable? b, current liabilities? c, current assets? d, total assets? e, ROA? f, common equity?

Waterway company’s record of transactions for the month of april was as follows. purchases sales april 1 (balance on hand) 672 @ $6.00 april 3 560 @ $11.00 4 1,680 @ 6.08 9 1,568 @ 11.00 8 896 @ 6.41 11 672 @ 12.00 13 1,344 @ 6.51 23 1,344 @ 12.00 21 784 @ 6.61 27 1,008 @ 13.00 29 560 @ 6.79 5,152 5,936 (a) calculate average-cost per unit. (b) assuming that periodic inventory records are kept in units only, compute the inventory at april 30 using lifo and average-cost. (c) assuming that perpetual inventory records are kept in dollars, determine the inventory using (1) fifo and (2) lifo. (d) compute cost of goods sold assuming periodic inventory procedures and inventory priced at fifo.