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Given the following information find: (a) accounts receivable; (b) marketable securities; (c) fixed assets; (d) long term debt. Note: current assets are made up of cash, marketable securities, accounts receivable, and inventory. Show your work.

 

 

 

 

 

credit sales

$7,200,000

 

 

cash

$300,000

 

 

inventory

$2,150,000

 

 

current liabilites

$1,400,000

 

 

asset turnover

1.2

 

 

currrent ratio

2.5

 

 

debt to assets

40%

 

 

receivables turnover

8

 

 

 

 

 

 

 

 

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M9792145

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