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Given the following information, complete the balance sheet shown next. Collection period Days' sales in cash Current ratio Inventory turnover Liabilities to assets Payables period
Given the following information, complete the balance sheet shown next.
Collection period
Days' sales in cash
Current ratio
Inventory turnover
Liabilities to assets
Payables period
days
days
times
days
All sales are on credit. All calculations assume a day year. The payables period is based on cost of goods sold.
Note: Round your answers to the nearest whole dollar.
tableAssetsCurrent assets:,Cash$
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