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Problem 1. BARTON a manufacturing company ended the 2019 year with cash of 84M (M=1 million Rands); accounts receivable of 165M;inventory of 393M; accounts payable
Problem 1. BARTON a manufacturing company ended the 2019 year with cash of 84M (M=1 million Rands); accounts receivable of 165M;inventory of 393M; accounts payable of 312M;long-term debt of 531M; net plant and equipment of 2731M; notes payable in less than a year of 231M; retained earnings of 1799M and stockholders' equity of 500M.
(a) Prepare a balance sheet as of 12/31/2019, and
(b) calculate as many financial ratios as you can with the information provided.
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