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Current ratio = 2.4 times Profit margin = 10% Sales = $1,280m ROE = 20% Long-term debt to Long-term debt and equity = 60% Use
Current ratio = 2.4 times Profit margin = 10% Sales = $1,280m ROE = 20% Long-term debt to Long-term debt and equity = 60%
Use the above information to complete the balance sheet below. (Enter your answers in millions.)
Current assets Current liabilities $290million
Fixed assets Long-term debt
Total Assets Stockholders equity
Total liabilities and equity
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