1. You are planning to visit Japan in December. You estimate the cost of your trip to be $986. How many yen do you need to buy if the exchange rate is 1$ = 123.5 yen?
2. ABC Corp. currently has an inventory turnover of 11, a payables turnover of 7.69, and a receivables turnover of 8.92. How many days are in the cash cycle?
3. The firm currently has 19,110 shares of stock outstanding. The EPS is $1.59 and the P/E Ratio is 38. The firm has decided to repurchase $37,269 worth of its outstanding stock. What will the firm's P/E ratio be after this repurchase, all else held constant?