1. All for a dollar had account receivable of $4,000,000, account payable of $3,700,000. inventories of $9,100,000, annual sales of $ 51,000,000 and net income of $8,750,000. what is its days sales outstanding ratio to two decimal places?
2. The corrigan comapny just paid a dividend of $2.25 per share, and that dividend is expected to grow at a constant rate of 6% per year in the future. the company's beta is 1.35, the market risk premium is 8% and the risk-free rate is 3%. what is the company's current price?