Question
Complete the balance sheet for Company Amri based on the following information. Assume that there are 360 days in a year. Gross profit margin =
Complete the balance sheet for Company Amri based on the following information. Assume that there are 360 days in a year.
Gross profit margin = 38.7%
Inventory turnover = 6 times
Average collection period = 31 days
Sales = RM720,000
Current ratio = 2.35 times
Total asset turnover = 2.81 times
Debt ratio = 49.4%
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Personal Finance
Authors: Thomas Garman, Raymond Forgue
12th edition
9781305176409, 1133595839, 1305176405, 978-1133595830
