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