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Ratio Analysis Use the following information to complete the balance sheet below. Hint: use 365 day calendar. Current ratio = 3 Current liabilities = 5 million Credit sales = 25 million Average collection period = 30 Inventory turns = 8 Total asset turns = .75 Debt ratio = 45%
Cash
Current Liabilities
Accounts Receivable
Long-term Debt
Inventory
Total Debt
Current Assets
Stockholders' Equity
Fixed Assets
Total Assets
Total Liabilities& Equity
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