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a company shows the following financial indicators on its balance sheet. acid test ratio, 1; debt-stockholders equity ratio, 0.5; days sales outstanding in account receivable,
a company shows the following financial indicators on its balance sheet. acid test ratio, 1; debt-stockholders equity ratio, 0.5; days sales outstanding in account receivable, 18 days, there are 360 days in a year; total asset turnover ratio ( sales/average asset), 4; gross profit margin, 20%; inventory turnover ratio, 6. complete the following balance sheet
A company shows the following financial indicators on its balance sheet: : Acid-test Ratio, 1; Debt-stockholders' equity ratio, 0.5; Day's sales outstanding in Account Receivable, 18 days, there are 360 days in a year: Total asset turnover ratio (sales / average total asset), 4; Gross profit margin, 20%, Inventory turnover ratio, 6. Complete the following balance sheet. [10] Contributed capital (equity) Retained earnings Current liabilities Total liabilities and stockholders' equity 80,000 20,000 ? ? Non-current assets Inventories Account Receivable Cash Total Assets
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