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The Griggs Corporation has credit sales of $1,187,200. Total assets turnover Cash to total assets Accounts receivable turnover Inventory turnover Current ratio Debt to total

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The Griggs Corporation has credit sales of $1,187,200. Total assets turnover Cash to total assets Accounts receivable turnover Inventory turnover Current ratio Debt to total assets 3.20 times 1.80 % 20 times 16 times 1.95 times 40 % Using the above ratios, complete the balance sheet. (Round your answers to the nearest whole dollar.) GRIGGS CORPORATION Balance Sheet Liabilities and Stockholders' Equity Current debt Assets Cash Accounts receivable Long-term debt Inventory Total debt Total current assets Fixed assets Equity Total debt and stockholders' equity Total assets

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