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Debt to equity ratio=85%. The company has no preferred stock. Inventory ratio is 7.27. Total sales =7997 Balance Sheet for company Assets Cash and Marketable
Debt to equity ratio=85%. The company has no preferred stock. Inventory ratio is 7.27. Total sales =7997
Balance Sheet for company
Assets
Cash and Marketable securities = 80
Accounts Receivable = ?
Inventory = ?
Net fixed assets = 2750
Liabilities plus Equity
Total current Liabilities = 600
Long term debts = ?
Common Stock = 1,200
Retained Earnings = 800
2). Compute the amount of account receivable on the balance sheet
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