Question
Given the following financial data, complete the balance sheet below: Total debt to net worth 1 to 1 Quick ratio 1.5 to 1 Asset turnover
Given the following financial data, complete the balance sheet below:
Total debt to net worth 1 to 1
Quick ratio 1.5 to 1
Asset turnover 1.5 times
Average collection period 48.67 days
sales/inventory 7.5times
Cash ___________
Receivables ___________ Inventories __________
Net plant ______________
Total assets _____
Notes Payable _________
Long term debt $30,000
Common stock 20,000
Retained earnings 30,000
Total debt & equity
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Cost Benefit Analysis
Authors: Harry F. Campbell, Richard P.C. Brown
3rd Edition
1032320753, 9781032320755
