Question
Consider the following data for the Jamestown Company. Sales = $5,110,000 Total asset turnover = 4x Current ratio = 4:1 Quick ratio = 2:1 Current
Consider the following data for the Jamestown Company. Sales = $5,110,000 Total asset turnover = 4x Current ratio = 4:1 Quick ratio = 2:1 Current liabilities to net worth = 32% Average collection period = 24 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
a.) Cash $
b.) Accounts payable $
c.) Accounts receivable $
d.) Total current liabilities $
e.) Inventory $
f.) Long-term debt $
g.) Total current assets $
h.) Stockholders equity $
i.) Fixed assets $
j.) Total assets $
k.) Total liabilities and equity $
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