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6. Suppose that you are assigned to construct the balance sheet of a company with the following information - The company has cash imentory, accounts
6. Suppose that you are assigned to construct the balance sheet of a company with the following information - The company has cash imentory, accounts receivables, foed assets, short-term borrowings, accounts payables, long-term borrowings, and equity only. - Short-term borrowings and long-term borrowings are interest bearing liabilities. - The net working capital is twice the non cash working capital - Equity multiplier is 3,7. - Debt to equity ratio is 1,4 - Net debt, which is defined as debt minus cash is 500TL. - Cash is 200TL - Net sales (all on credit) is 1.000TL - Cost of goodis sold is 1.170TL - Accounts recelvable turnover is 4 - Accounts payable turnover is 1.8 - Inventory tumover is 3,9 You work hard and construct the balance sheet in the end. Accordingly, the foed asset turnener is a. 091 b. 0.93 c. 0.95 d. 0.97
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