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eBook Consider the following data for the Jamestown Company. Sales = $4,380,000 Total asset turnover = 5x Current ratio = 3:1 Quick ratio = 3:1

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Consider the following data for the Jamestown Company.

Sales = $4,380,000

Total asset turnover = 5x

Current ratio = 3:1

Quick ratio = 3:1

Current liabilities to net worth = 32%

Average collection period = 22 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
Cash $ Accounts payable $
Accounts receivable Total current liabilities $
Inventory Long-term debt $
Total current assets $ Stockholders equity $
Fixed assets
Total assets $ Total liabilities and equity

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