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please solve step by step in full detail of solution steps. for my understanding. Q No. 7 Illinois Paper Products Balance Sheet As at 31-Dec-01

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please solve step by step in full detail of solution steps. for my understanding.

Q No. 7 Illinois Paper Products Balance Sheet As at 31-Dec-01 Assets Cash Receivables Inventory Liabilities & Equity Current Liabilities Long Term Debt Total Debt Common Equity Total Claims $ 700,000 Plant Total Assets Total debt to Net Worth Total Asset Turnover Inventory Turnover days Average Collection Period Current Ratio Quick Ratio

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