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Constructing a pro forma balance sheet) Use the following industry average ratios The company's cost of goods sold is $ 2674,000 (Round to the nearest
Constructing a pro forma balance sheet) Use the following industry average ratios The company's cost of goods sold is $ 2674,000 (Round to the nearest dollar.) The company's total assets are $ 2,010,526. (Round to the nearest dollar.) The company's fixed assets are $ 779,592. (Round to the nearest dollar.) The company's accounts receivable is $ 98.378. (Round to the nearest dola.) The company's inventories are $ 862,581. (Round to the nearest dollar.) The company's current liabilities are $ 492,374. (Round to the nearest dolar.) The company's total lablities are $ 985,158. (Round to the nearest dollar) Data Table 1.9 times D Total asset turnover Average collection period (assume a 365-day year) Fixed asset turnover Inventory turnover (based on cost of goods sold) Current ratio Sales (all on credit) Cost of goods sold Debt ratio 9.4 days 4.9 times 3.1 times 2.5 times $3.82 million 70% of sales 49% Complete Mendoza Distributors balance sheet below (Round to the nearest dollar,) Print Done Mendoza Distributors Pro Forma Balance Sheet Cash Current liabilities Long-torm debt Total liablities Accounts receivable Inventory Enter any number in the edit fields and then click Check Answer. Clear All Check Answer All parts showing
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