Ratio analysis Use the following information to complete the balance sheet below Use 365 day calendar Current ratio = 5 Current liabilities = 5 million Credit sales = 25 million Average collection period = 30 Inventory turns = 8 Total asset turns = .75 Debt ratio = 45%

 

 

 

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

 

 5,000,000

 

Accounts Receivable

 

 

 

Long-term Debt

 

 

 

Inventory

 

 

 

Total Debt

 

 

 

Current Assets

 

 

 

Stockholders’ Equity

 

 

 

Fixed Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Assets

 

 

 

Total Liabilities & Equity

 

Ratio analysis Use the following information 19.99

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