Question
Complete the following balance sheet for Shadman company Debt Ratio:50% Current Ratio: 1.8 times TATO: 1.5 TIMES AVERGAE COLLECTION PERIOD: 36.5 DAYS GROSS PROFIT MARGIN:
Complete the following balance sheet for Shadman company
Debt Ratio:50%
Current Ratio: 1.8 times
TATO: 1.5 TIMES
AVERGAE COLLECTION PERIOD: 36.5 DAYS
GROSS PROFIT MARGIN: 25%
INVENTORY TURNOVER: 5 TIMES
CASH _____________________ ACCOUNTS PAYABLE ___________________
A/R _____________________ LONG TERM DEBT 60,000
INVENTORIES _________________ COMMON STOCK ____________________
FIXED ASSET _________________ RETAINED EARNINGS 97,500
TOTAL ASSET 300,000 TOTAL LIABILTIY & EQUITY __________________
SALES ________________ COST OF GOODS SOLD __________________
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