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As a financial analyst, you have been hired by Milky Queen Ltd., the leading dairy manufacturer in the GCC region, to evaluate the firms financial
- As a financial analyst, you have been hired by Milky Queen Ltd., the leading dairy manufacturer in the GCC region, to evaluate the firms financial performance over the past year.
- You have performed ratio analysis and come up with the following figures:
- Assuming 365 days in a year, complete the balance sheet and sales information below:
Cash | Accounts payable |
| |
Accounts receivable | Long-term debt | $ 60,000 | |
Inventory | Common stock |
| |
Non-current assets | Retained earnings | $ 110,000 | |
Total Assets | $ 330,000 | Total L&E |
|
Sales |
| Cost of goods sold |
|
65% 2.25 25% Equity-to-assets ratio Current ratio Gross profit margin Total asset turnover Days in AR outstanding Inventory turnover ratio 2.5 14.6 10
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