based on info:

what is the level of total current liabilities?

-400,000

-600,000

-780,000

-900,000

what is the level of cash equals?

-600,000

450,000

300,000

150,000

level of total debts?

2100000

1,800,000

1,200,000

1,000,000

level of inventory levels

405,000

330000

270000

165000

level of account recievables

150,000

170,000

195,000

225,000

100% 3 Builtrite Bakery is a new firm specializing in all natural ingredient pastry products. In attempting to determine what the financial position of the firm should be the financial manager obtained the following average ratios for the baking industry for 2020: Common equity / total assets 60% Total assets turnover 3 times Long-term debt /total assets 20% Current ratio 1.2 Quick ratio 75 Average collection period (360-day 6 days year) ts Complete the accompanying projected balance sheet for Builtrite Bakery assuming 2021 sales (all credit) are $13,500,000 Builtrite Bakery projected Balance Sheet ending December 31, 2021 Cash Current Liabilities Accts Receivable Long Term Debt Inventory Total Debt Tot. Current Common Equity assets Fixed Tot. Liabilities & equity Total Assets assets