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plz provide a answer completly this is complete question Complete the balance sheet and sales information of M/s. Stockiest using the following financial data: (Marks-2)
plz provide a answer completly
this is complete question
Complete the balance sheet and sales information of M/s. Stockiest using the following financial data: (Marks-2) Debt ratio: 40% Quick ratio: 0.35 times Total assets turnover: 1.95 times Receivable Tumover in days: 8 days (Calculation is based on a 360-day year.) Gross profit margin. 35% BALANCE SHEET Cash Accounts payable Accounts receivable Long-term debt 70,000 Inventories Total Debt Total Current Assets Common stock Fixed assets Retained earnings 60,000 Total assets Rs.400,000 Total liabilities and equity Rs. Sales Cost of goods soldStep by Step Solution
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