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please help me 6. Assume you are an analyst evaluating Macro Co. The following data are available in your financial analysis: Retained Earnings, December 31,
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6. Assume you are an analyst evaluating Macro Co. The following data are available in your financial analysis: Retained Earnings, December 31, 2018 Tk. 98,000 Gross profit margin ratio 25% Acid test ratio 25:01 Non-current assets Tk. 280.000 Days sales in inventory 45 days 18 days Days sales in receivable Shareholders' Equity to total debt Tk. 9.20.000 Sales (all on credit) Common Stock: Tk. 15 par value : 10,000 shares Issued and outstanding : Issued at Tk 21 per share. Required: Using these data, construct the Balance Sheet as at 31. December 2019 for your analysis. Operating expenses (excluding tax and cost of goods sold) are Tk. 1,80,000. The tax rate is 40%. Current assets consists of cash, accounts receivable and inventoriesStep by Step Solution
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