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INSTRUCTIONS: USE THIS FORM AND PLACE ALL EMBEDDED FORMULAS IN THE APPROPRIATE BLUE CELL. RETURN TO ME VIA EMAIL. 1 The XYZ Widget Company has

INSTRUCTIONS: USE THIS FORM AND PLACE ALL EMBEDDED FORMULAS IN THE APPROPRIATE BLUE CELL. RETURN TO ME VIA EMAIL.
1 The XYZ Widget Company has sales of $1,200,000. Given the following ratios, fill in the balance sheet
Total Assets Tiurnover 2.40 Times $ 1,200,000.00 TOTAL SALES
Cash to Total Assets 2.0%
Accounts Receivable Turnover 8.00 Times
Inventory Turnover 10.00 Times
Current Ratio 2.00 Times
Debt to Total Assets 61.0%
XYZ WIDGET COMPANY
ASSETS LIABILITIES & SHAREHOLDER'S EQUITY
Cash ? Current debt $ ? -
Accounts Receivable ? Long-term Debt $ - ?
Inventory ? Total Debt $ - ?
Total Current Assets
Equity ? $ -
Fixed Assets ?
TOTAL ASSETS

?

TOTAL LIAB & SH EQUITY $ - ?

Find Cas/Account receivable/ Inventory/ Fixed assets/ total assets/ current debt/ long term debt/ total debt/ equity/ total liability and equity

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