Complete the balance sheet

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Reference no: EM13811977

Ratio analysis Use the following information to complete the balance sheet below Use 365 day calendar Current ratio = 5 Current liabilities = 5 million Credit sales = 25 million Average collection period = 30 Inventory turns = 8 Total asset turns = .75 Debt ratio = 45%

Ratio Analysis Use the following information to complete the balance sheet below.  Hint: use 365 day calendar.

Current ratio = 5

Current liabilities = 5 million

Credit sales = 25 million

Average collection period = 30

Inventory turnover = 8

Total asset turnover = .75

Debt ratio = 45% 

Cash

 

 

 

Current Liabilities

 

 5,000,000

 

Accounts Receivable

 

 

 

Long-term Debt

 

 

 

Inventory

 

 

 

Total Debt

 

 

 

Current Assets

 

 

 

Stockholders' Equity

 

 

 

Fixed Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Assets

 

 

 

Total Liabilities & Equity

 

Reference no: EM13811977

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