Question
debt/net wort 60% Acid test ratio 1.2 Asset turn over 1.5 times Day sales outstanding in accounts receivable 40 days gross profit margin 30% inventory
debt/net wort 60%
Acid test ratio 1.2
Asset turn over 1.5 times
Day sales outstanding in accounts receivable 40 days
gross profit margin 30% inventory 6 times
complete balance sheet and sales below
balance sheet
cash Account payable
account receivable Common Stock RM15,000
inventories Retained earning RM22,000
Plan & equipment
total asset Total liabilities
Sales
Cost of good sold
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Financial Management For Decision Makers
Authors: Peter Atrill
7th Edition
129201606X, 978-1292016061
