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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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