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How much is accounts receivable? How much is the inventory? How much is cost of goods sold? How much is the total assets? FINANCIAL RATIOS

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How much is accounts receivable?

How much is the inventory?

How much is cost of goods sold?

How much is the total assets?

FINANCIAL RATIOS AND BALANCE SHEET COMPLETION. Given the financial summary and selected indices for LIBEDFRED Corporation, compute for the financial ratios. Credit Sales 5,000,000 Current Ratio 2 times Gross Profit Margin 60% Total Debt to Total Asset Ratio 60% Ave. Collection Period 70 days Total Asset Turnover 2 times No. of Days in a Year 365 days Inventory Turnover 2 times

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