Q3).

Q4.

A company shows the following financial indicators on its balance sheet: : Acid-test Ratio, 1; Debt-stockholders' equity ratio, 0.6; Day's sales outstanding in Account Receivable, 18 days; there are 360 days in a year; Total asset tumover ratio, 5; Gross profit margin, 20%; Inventory turnover ratio, 5. Complete the following balance sheet. [10] Non-current assets ? Contributed capital (equity) Retained eamings Current liabilities Total liabilities and stockholders' equity ? 140000 Inventories Account Receivable Cash 50,000 ? Total Assets ?