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The following information is from Harrelson Inc.'s, financial statements. Sales (all credit) were $36.00 million for last year. Sales to total assets 2.00 times
The following information is from Harrelson Inc.'s, financial statements. Sales (all credit) were $36.00 million for last year. Sales to total assets 2.00 times Total debt to total assets Current ratio Inventory turnover Average collection period Fixed asset turnover 40 % 2.60 times 5 times 26 days 5 times Complete the balance sheet: (Use a 360-day year. Do not round intermediate calculations. Input your answers in millions rounded to 2 decimal places.) $ in millions $ in millions Cash Current debt Accounts receivable Long-term debt Inventory Total debt Total current assets Fixed assets Equity Total assets Total debt and stockholders' equity
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