Description of this paper

Ratio Analysis- Complete the balance sheet

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Question

Question;Ratio Analysis: Use the following information to complete the balance sheet below. Hint: use 365 day calendar.Current ratio = 4Current liabilities = 5 millionCredit sales = 25 millionAverage collection period = 30Inventory turns = 8Total asset turns =.75Debt ratio = 45%Cash Current LiabilitiesAccounts Receivable Long-term DebtInventory Total DebtCurrent Assets Stockholders? EquityFixed AssetsTotal Assets Total Liabilities & Equity

 

Paper#50485 | Written in 18-Jul-2015

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