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Please show your work. Complete the table below for White Industries using the following data: Debt ratio= 40% Quick ratio= 0.8 Total assets turnover= 1.5
Please show your work.
Complete the table below for White Industries using the following data:
Debt ratio= 40%
Quick ratio= 0.8
Total assets turnover= 1.5
Days sales outstanding= 36.5 (based on a 365 day year)
Gross profit margin= 25%
Inventory turnover= 5
Cash ? Accounts Payable ?
Accounts receivable ? Long-term debt 50,000
Inventories ? Common stock ?
Fixed assets ? Retained earnings 100,000
Total assets $400,000 Total liabilities and equity ?
Sales ? COGS ?
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