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Please help me construct this financial statement from the information given Thanks for your expert help! 8. Financial statements and ratios Aa Aa An analyst

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Please help me construct this financial statement from the information given

Thanks for your expert help!

8. Financial statements and ratios Aa Aa An analyst is conducting a financial analysis of Harmony Inc. She doesn't have Harmony's full financial statements, but she knows the firm had accounts payable of $100 million and accounts recelvable of $200 million. Harmony generated sales of $2,000 million and had cost of goods sold of $1,600 million, resulting in net income of $100 million. She also has the following financial ratio information: Current ratio Inventory turnover ratio Fixed asset turnover ratio ROE ROA 1.25 times 16 times 4 times 25.0% 10.0% The ratios calculated above use end-of-year balance sheet values, rather than average values. Complete this balance sheet based on the ratios and income statement data. All figures are in millions of dollars Harmony Inc.: December 31 Balance Sheet Cash Accounts recelvable Inventories Current assets Accounts payable Notes payable Current liabilities Long-term debt Total liabilities Total common equity Total liabilities and equity $ 100 $ 200 Net fixed assets Total assets |

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