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Assignment Comments – Debt-to-assets ratio: 50%
Balance Sheet
Input Values
Total assets
300000
retained earnings
97500
Long term debt
60000
Debt to asset ratio
50%
current ratio
1.8
total asset to turnover ratio
1.5
days sales oustanding ratio
36.5
Gross Profit Margin ratio
0.25
Inventory to turnover ratio
5
Derived values
Fixed Asset
120000
Current Asset
180000
Therefore current liability
100000
Therefore turnover
200000
therefore debtors/credit sales
20000
Therefor gross profit
50000
Cost of goods sold
150000
Therefor Inventory
30000
Balance sheet
as on.......
for the
year ending...........
Liabilities
Amt
Asset
Capital
Fixed asset
Common stock
42500
Current asset
Cl.Retained earnings
debtors/account receivable
Op. ret.earnings
47500
Inventories
Gross profit
Other current asset
130000
Long Term Debt
Current Liability
Account receivable
Total
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please i need to know how to solve question in balance sheet
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