Compute the balance sheet and sales information in the table for Esther Industries using the following financial data:

There is no "opening stock," only the common stock provided.

Cash =

Accounts Receivable=

Inventories=

Fixed Assets=

Total Assets=

Long term debt=

Retained Earnings=

Total Liabilities and Equity=

Sales=

Complete the balance sheet and sales information in the table for Esther Industries using the following financial data 65% 30% DSO Debt ratio Inventory Turnover Total Asset Turnover 6 3.5 6 INPUT Quick ratio 0.85 DATA Gross profit margin on Sales Cash Accounts Payable Long-term Debt Common Stock Retained Earnings $2,446,250 Sales 10 1 Accounts Receivable 12 13 14 15 16 Costs of Goods Sold $12,801,250 $641,250 Inventories Fixed Assets Total AssetsTotal Liabilities and Equity 18 19 Work Area 20 21 23 24 25 26 27 WorkbookIFinancialStatements Ratios SML