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Consider the following data for the Jamestown Company. Sales $4,380,000 Total asset turnover 1.6x Current ratio = 4:1 Quick ratio = 3:1 Current liabilities
Consider the following data for the Jamestown Company. Sales $4,380,000 Total asset turnover 1.6x Current ratio = 4:1 Quick ratio = 3:1 Current liabilities to net worth = 30% Average collection period 20 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 receivable Inventory Total current assets Fixed assets Total assets $ $ $ Accounts payable Total current liabilities Long-term debt Stockholders' equity Total liabilities and equity 1111 1
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