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Saved Help Save & Exit Submit Current ratio = 2.1 times Credit sales = $1,168m Average collection period -50 days Inventory turnover = 1.60 times
Saved Help Save & Exit Submit Current ratio = 2.1 times Credit sales = $1,168m Average collection period -50 days Inventory turnover = 1.60 times Total asset turnover = 0.80 times Debt ratio = 60% Use the above information to complete the balance sheet below. (Enter your answer in millions. Use 365 days a year.) i million $ Cash Accounts receivable Inventory Current assets Fixed assets Total assets million Current liabilities 198,700,000 million Long-term debt 98,700,000 million Total debt million Stockholders' equity 98.700,000 million Total liabilities and equity $ 470 million million 470 million million 470 million $
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