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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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