What is common-size percentage of the accounts receivable

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Problem 1: A firm has inventory of $700, accounts payable of $300, cash of $80, fixed assets of $1,600, long-term debt of $1,400, accounts receivable of $320, and total equity of $1,000. What is the common-size percentage of the accounts receivable?

Problem 2: The Back Row Co. invested $125,000 at 8 percent compounded annually for 3 years. How much interest on interest did the company earn over this period of time?

Reference no: EM132778530

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