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The 2018 sales for mojo inc were 48 million. the percentage of sales of each balance sheet item that varies directly with sales is given

The 2018 sales for mojo inc were 48 million. the percentage of sales of each balance sheet item that varies directly with sales is given below

cash: 3%

receivables 20%

inventories 25%

fixed assets 40%

accounts payable 15%

accruals 10%

The dividend ratio is 40% profit margin is 5% and both mortgage bonds and common stocks are constant and equal to the amounts shown on the balance sheet below.

complete the balance sheet:

cash:

receivables

inventories:

tca:

net fixed assets:

total assets

accounts payable:

notes payable: 4400000

accruals: 4800000

tcl:

mortgage bonds: 4000000

common stocks: 4000000

reatined earnings

total claims

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