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2.00 points The Griggs Corporation has credit sales of $907,100. Total assets turnover 2.35 times Cash to total assets 1.45 % Accounts receivable turnover 20

2.00 points

The Griggs Corporation has credit sales of $907,100.

Total assets turnover 2.35 times
Cash to total assets 1.45 %
Accounts receivable turnover 20 times
Inventory turnover 10 times
Current ratio 2.02 times
Debt to total assets 45 %

Using the above ratios, complete the balance sheet. (Round your answers to the nearest whole number.)

Assets:

Cash:

Accounts recievable:

Inventory

Total current assets

Fixed assets

Total assets

Liabilities and Stockholders Equity:

Current debt

Long term debt

Total Debt

Equity

Total debt and stockholders equity

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