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Consider the following data for the Jamestown Company. Sales = $4,015,000 Total asset turnover = 2x Current ratio = 4:1 Quick ratio = 2:1 Current
Consider the following data for the Jamestown Company.
Sales = $4,015,000
Total asset turnover = 2x
Current ratio = 4:1
Quick ratio = 2:1
Current liabilities to net worth = 30%
Average collection period = 22 days
Total debt to total assets = 0.4
Fill in the balance sheet for the Jamestown Company based on the data provided above (assume a 365-day year). Round your answers to the nearest dollar.
Balance Sheet | ||||
Cash | $ | Accounts payable | $ | |
Accounts receivable | Total current liabilities | $ | ||
Inventory | Long-term debt | $ | ||
Total current assets | $ | Stockholders equity | $ | |
Fixed assets | ||||
Total assets | $ | Total liabilities and equity | $ | |
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