The Griggs Corporation has credit sales of $618,000.

Total assets turnover	2.00	times
Cash to total assets	1.50	%
Accounts receivable turnover	15	times
Inventory turnover	10	times
Current ratio	1.59	times
Debt to total assets	50	%

Using the above ratios, complete the balance sheet. (Round your answers to the nearest whole dollar.)

The Griggs Corporation has credit sales of $618,000.

Total assets turnover	2.00	times
Cash to total assets	1.50	%
Accounts receivable turnover	15	times
Inventory turnover	10	times
Current ratio	1.59	times
Debt to total assets	50	%

Using the above ratios, complete the balance sheet. (Round your answers to the nearest whole dollar.)

GRIGGS CORPORATION Balance Sheet
Assets		Liabilities and Stockholders' Equity
Cash		Current debt
Accounts receivable		Long-term debt
Inventory		Total debt
Total current assets
Fixed assets		Equity
Total assets		Total debt and stockholders' equity