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Please fill in the blanks, thank you! Miller Company Balance Sheet December 31, 2011 (000's) Cash Accounts Receivable Inventories Current Assets Fixed Assets (net) Total
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Miller Company Balance Sheet December 31, 2011 (000's) Cash Accounts Receivable Inventories Current Assets Fixed Assets (net) Total Assets 230 9,380 7,515 17,125 34,125 51,250 Notes Payable 1,015 Accounts Payable 3,545 Accrued Taxes 225 Current Liabilities 4,785 Long-Term Debt 18,035 Deferred Income Taxes 2,840 Total Debt 25,660 Common Stock-Par 575 Paid In capital 7,945 Retained Earnings 17,070 Common Equity 25,590 Total Liabilities & Net Worth 51,250 Miller Company Income Statement Year Ended December 31, 2011 Net Sales (credit) Cost of Sales Gross Profit General and Administrative Expense Operating Income Interest Changes Net Income Before Taxes Income Taxes Net Income 46,235 33,167 13,068 9,590 3,478 1,120 2,358 1,130 1,228 Industry Ratios Miller Current ratio Acid-test ratio Inventory turnover Average collection period Operating profit margin Total asset turnover Fixed asset turnover Debt ratio Times intterest earned Return on equity Industry 4.02 3.00 7.50 6.0% 0.06 2.00 3.00 38.0% 3.90 4.0%Step by Step Solution
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