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Hi, I have another question if you can help! I need to complete a balance sheet, but I was only given the data below. Another
Hi, I have another question if you can help! I need to complete a balance sheet, but I was only given the data below. Another tutor said we needed more info, but that was all I was given. Can you help?
Submit the completed spreadsheet using the eCampus submission tool by the closing date for this lesson. Complete the balance sheet and sales information in the table for Esther Industries using the following financial data: 1 INPUT DSO 5 Debt ratio 65% Inventory Turnover 6 Quick ratio DATA Gross profit margin on Sales 30% Total Asset Turnover 3.5 Cash Acct Pay Acct. Rec. L-T Debt Inventories Common Stock Fixed Assets Ret. Earn Total Assets Total Claims $2,446,250 Sales COGS $641,250 $12,801,250 0.85Step by Step Solution
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