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sales total taka is 865000 Complete the 2018 Balance Sheet for Alif Corporation's using the information that follows it. the missing values: 8 Alif Corporation
sales total taka is 865000
Complete the 2018 Balance Sheet for Alif Corporation's using the information that follows it. the missing values: 8 Alif Corporation Balance Sheet December 31, 2018 Assets Liabilities Cash Tk. 50,000 Accounts Payable Tk. 1,05,000 Marketable securities 30,000 Notes Payable (h) Accounts receivable Accruals 40,000 Inventories (b) Total Current Liabilities (g) Total Current Assets (c) Long Term Debt () Net Fixed Assets (C) Stockholder's Equity (i) Total Assets Tk.(d) Total Liabilities and Tk.co Stockholder's Equity The following Financial data for 2018 are also available: i) Sales totaled Tk........ (see Appendix) ii) The gross profit margin was 30% Inventory turnover was 5.0 iii) There are 365 days in the year. iv) The average collection period was 30 days. V) The current ratio was 1.81 vi) The total asset turnover ratio was 2. vii) The debt ratio was 40% Step by Step Solution
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