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Use the following information to complete the balance sheet attached.

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Use the following information to complete the balance sheet attached. Hint: Use 365 day calendar.;Attachment Preview;TextbookAssignment1.FinStatementAnalysis.Student.VersionC-1.docx;Liberty University BUSI320 Corporate Finance;Week 1 (Textbook Assignment 1) Financial Statement Analysis (Chp 3);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;Accounts Receivable;Long-term Debt;Inventory;Total Debt;Current Assets;Stockholders Equity;Fixed Assets;Total Assets;Total Liabilities & Equity

 

Paper#33101 | Written in 18-Jul-2015

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