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The Griggs Corporation has credit sales of $1,177,050. Total assets turnover 2.95 times Cash to total assets 1.40 % Accounts receivable turnover 10 times Inventory
The Griggs Corporation has credit sales of $1,177,050.
| Total assets turnover | 2.95 | times |
| Cash to total assets | 1.40 | % |
| Accounts receivable turnover | 10 | times |
| Inventory turnover | 10 | times |
| Current ratio | 1.79 | times |
| Debt to total assets | 40 | % |
Using the above ratios, complete the balance sheet. (Round your answers to the nearest whole number.)
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Economics Of Money Banking And Financial Markets
Authors: Frederic Mishkin
5th Edition
0134734203, 978-0134734200
