Fill in the balance sheet for the Jamestown Company based on the following data (assume a 365-day
Question:
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 = 4×
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 k-63
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