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Question No: 01 This is a subjective question, hence you have to write your answer in the Text-Field given below. A company shows the following
Question No: 01 This is a subjective question, hence you have to write your answer in the Text-Field given below. A company shows the following financial indicators on its balance sheet: Acid-test Ratio 1: Debt-stockholders equity ratio. 0.5. Day's sales outstanding in Account Receivable, 18 days, there are 360 days in a year: Total asset tumover ratio (sales average total asset). 4. Gross profit margin, 20%. Inventory tumover ratio 6. Complete the following balance sheet. [10] Contributed capital (equity) Retained earings Current liabilities Total liabilities and stockholders equity 80.000 20.000 Non-current assets Inventories Account Receivable Cash Total Assets 2 2 12
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