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Fill in the balance sheet for the Jamestown Company based on the following data (assume a 365-day year):

  • Sales = $3,650,000
  • Total asset turnover = 4x
  • Current ratio = 3:1
  • Quick ratio = 2:1
  • Current liabilities to net worth = 30%
  • Average collection period = 20 days
  • Total debt to total assets = 0.4

21_Table 1.jpg

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92093521

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