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Solve the following questions: Question (1): Use the following information to complete the balance sheet below. Sales = $5.2 million, capital intensity ratio = 2.10
Solve the following questions: Question (1): Use the following information to complete the balance sheet below. Sales = $5.2 million, capital intensity ratio = 2.10 times, debt ratio = 55%, and fixed asset turnover ratio = 1.2 times. *Note: capital intensity ratio = total assets / sales fixed asset turnover ratio = sales/ fixed assets Assets Current assets Liabilities and Equity Total liabilities Total equity Total liabilities and equity Fixed assets Total assets
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