A company has current liabilities of $705 million, and its current ratio is 2.2. What is...

A company has current liabilities of $705 million, and its current ratio is 2.2. What is its level of current assets? If this firm's quick ratio is 2.2, how much inventory does it have?
B) (CLO2) You have the following accounts and financial data for Al Ain company for 2019.
Accounts and financial Data from Al Ain Company
2019
Sales revenue
$ 3065
Costs of Goods Sold
1805
Accounts receivable
555
Preferred stocks dividends
20
Interest expense
132
Tax rate
40%
Total operating expense
605
Number of common shares outstanding
1002
Accounts payable
241

Find the following:
1. What is the firm's earnings available to common shareholders for 2019?
2. What is The firm's earnings per share (EPS) for 2019?
3. What is the firm's net profit after taxes for 2019?

Expert Solution

jeff jeffy answered 1 year ago

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