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complete the balance sheet and sales information using the following data:
debt to assets ratio 50% current ratio 1.8x total assets turnover 1.5x day sales outstanding 36.5 days (calculation is based on a 365 day year) gross profit margin on sales (sales-cost of good sold)/sales=25% inventory turnover ratio 5x.....Balance sheet cash=? accounts receivable=? inventories=? Fixed assets=? Total assets= 300,000 sales=? accounts payable=? long term debt= 60,000 common stocks=? retained earnings=? total liabilities and owners equity=? Cost of goods sold=?

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M9620051

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