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** Q3. Compute the balance sheet and sales information in the table that follows for Intel Incorporation using the following financial data: Total Marks: (12)

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** Q3. Compute the balance sheet and sales information in the table that follows for Intel Incorporation using the following financial data: Total Marks: (12) Debt Ratio: 40% Quick Ratio: 0.70x Total Assets Turnover Ratio: 1.5x Days sales outstanding: 36 day Gross Profit Margin on Sales: (Sales-Cost of goods Sold)/Sales=20% Inventory Turnover ratio: 5x *l Days sales outstanding give meanings as Avg. credit allowed period is calculated by assuming 365 days in a year. BALANCE SHEET Cash Accounts Payable Accounts Receivables Long Term Debt 50000 Inventories Common Stock Fixed Assets Retained Earnings 97500 Total Assets $400,000 Total Liabilities & Equity Sales Cost of goods sold S

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