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please make it clear what numbers go with each box... for ex cash= accounts receivable= ... thx BALANCE SHEET ANALYSIS Complete the balance sheet and
please make it clear what numbers go with each box... for ex cash= accounts receivable= ...
thx
BALANCE SHEET ANALYSIS Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.2x Days sales outstanding: 31.5 days Inventory turnover ratio: 4x Fixed assets turnover: 3x Current ratio: 2x Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 30% Calculation is based on a 365-day year. Do not round intermediate calculations. Round your answer to the nearest cent. Balance Sheet $ Current liabilities Long-term debt Common stock 45,000 Cash Accounts receivable Inventories Fixed assets Total assets Sales 56,250 $225,000 Retained earings Total liabilities and equity Cost of goods sold $ $ $Step by Step Solution
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