As you can see, someone has spilled ink over some of the entries in the balance sheet

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As you can see, someone has spilled ink over some of the entries in the balance sheet and income statement of Transylvania Railroad ( Table 28.12 ). Can you use the following information to work out the missing entries?

• Debt ratio: .4.

• Times-interest-earned: 6.25.

• Current ratio: 1.4.

• Quick ratio: 1.0.

• Cash ratio: .2.

• Return on equity: 24%.

• Inventory turnover: 5.0.

• Receivables collection period: 71.2 days.

AppendixLO1

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