Using the information and the form given below, complete the Balance Sheet for a firm having sales
Question:
Using the information and the form given below, complete the Balance Sheet for a firm having sales of Rs. 18,00,000.
Sales to net Worth 2.25 times Long-term debt to net worth 60%
Total-debt to net worth 75%
Fixed assets to net worth 94.5 %
Net Sales to inventory 3.6 times Average Collection Period (Taken as 360 days) 27 days Quick Ratio 1.2 Liabilities Rs. Assets Rs.
Equity Share - Fixed Assets -
Long-term Debt - Stock -
Current Liabilities - Debtors -
Cash -
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Zero To Mastery In Accounting Become A High Level Accounting Manager
ISBN: 9789392475177
1st Edition
Authors: HECTOR ROBINETT
Question Posted: